BUSD - Your most secure and stable cryptocurrency
BUSD is a 1:1 USD-backed stablecoin approved by the New York State Department of Financial Services (NYDFS), issued in partnership with Paxos
How to get BUSD
Purchase with fiat
0 FeePurchase 1:1 with USD via wire transfer, or top up your Binance fiat wallet with other currencies to exchange to BUSD.
Convert stablecoins
Hot0 Fee1:11:1 conversion of USDT, USDC, TUSD and PAX to BUSD.
Trade on exchange
Maker 0Support multiple trading pairs to trade other coins to BUSD.
What is BUSD
- 1:1 USD-backed, stable price, high liquidityAlways purchase and redeem 1 BUSD for 1 USD.
- Purchase and redeem with Zero FeesBinance and Paxos don’t charge a fee for the purchase and redeeming BUSD. (Your bank may charge wire fee)
- Transfer globally, fast and lower costSupported on both ERC-20 and BEP-2; Transfer your dollars anywhere in minutes, little cost, and on the blockchain.
How to use BUSD
Trade on exchangeSave on fees and trade against multiple pairs. Support margin trades.
Earn interest with BUSDDeposit your BUSD and earn interest on lending.
Where you can trade
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Venus
Binance Is Pitching Its Stablecoin as a Government-Friendly Libra CompetitorBinance is now positioning its Venus stablecoin project as an alternative to Facebook's Libra, a month after downplaying any suggestions
Bermuda gears up for digital currency payments | The Royal Gazette:Bermuda BusinessThe opportunity to use digital currency to pay for government taxes, services, and fees in Bermuda is on the way.In a major announcement David Burt, said the Government has committed to accept digital currency payments, providing they are one-to-one US dollar-backed digital currencies that are licensed by the Bermuda Monetary Authority.The intention is to have the initiative ready by the start of the new year.Support has come from Circle, the first company to achieve a full licence under Bermuda’s Digital Asset Business Act, and a group of others that include Binance, Bermudian-based Hub Culture, TrustToken and Stably.The Premier made the announcement this morning at the start of the Bermuda Tech Summit, part of Bermuda Tech Week.He said: "The Bermuda Government has committed to accept for payment of government taxes, fees and services, one-to-one backed US dollar digital currencies that get licensed by the Bermuda Monetary Authority."Mr Burt said Bermuda will be an example to other jurisdictions on how to adopt…
Binance to Launch Venus CryptocurrencyAs Facebook faces scrutiny for its Libra project, one of the largest cryptocurrency exchanges, Binance, is looking to develop its own potential competitor:
FAQ
- For BUSD business, connect with the Binance BUSD team:
Binance BUSD team: busd@binance.com
- For large amounts of purchases and redemptions, connect with the Binance OTC desk or your account manager.
OTC Email: tradedesk1@binance.com