Binance USD (BUSD) Trading 0% Higher Over Last 7 Days – Transcript Daily

   2022-07-25 11:07

Binance USD (BUSD) traded 0% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on July 25th. Binance USD has a market cap of $17.54 billion and approximately $5.42 billion worth of Binance USD was traded on exchanges in the last day. One Binance USD coin can currently be purchased for $1.00 or 0.00004526 BTC on popular exchanges. In the last week, Binance USD has traded up 0% against the U.S. dollar.



Here is how similar cryptocurrencies have performed in the last day:

  • BITCOIN ADDITIONAL (BTCA) traded down 2.1% against the dollar and now trades at $22,080.78 or 1.00002427 BTC.
  • Crypto.com Coin (CRO) traded up 5% against the dollar and now trades at $0.41 or 0.00001075 BTC.
  • Mammoth (MMT) traded 6.1% lower against the dollar and now trades at $1.41 or 0.00006403 BTC.
  • Parkgene (GENE) traded flat against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • Dai (DAI) traded up 0.1% against the dollar and now trades at $1.00 or 0.00004530 BTC.
  • DREP (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded flat against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Polygon (MATIC) traded down 2.8% against the dollar and now trades at $0.84 or 0.00003787 BTC.
  • THETA (THETA) traded flat against the dollar and now trades at $5.25 or 0.00010640 BTC.
  • yOUcash (YOUC) traded 0% higher against the dollar and now trades at $0.51 or 0.00002315 BTC.

Binance USD Coin Profile

BUSD is a coin. Its genesis date was September 10th, 2019. Binance USD’s total supply is 17,547,224,379 coins. Binance USD’s official Twitter account is @PaxosGlobal and its Facebook page is accessible here. The official website for Binance USD is www.paxos.com/busd. The official message board for Binance USD is medium.com/Paxos.

According to CryptoCompare, “Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD. Starting September 12, 2019, BUSD will be available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX. Later in September it will become available on Binance.com for trading initially against BTC, BNB and XRP and more to come.  BUSD is now available for purchase and redemption on the Paxos platform. In order to get BUSD through Paxos, you need to be a verified customer. You can either deposit PAX or deposit dollars by wire from a bank account. “

Binance USD Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Binance USD directly using U.S. dollars. Investors seeking to trade Binance USD should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Binance USD using one of the aforementioned exchanges.



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