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Currency

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 Fee
    Purchase 1:1 with USD via wire transfer, or top up your Binance fiat wallet with other currencies to exchange to BUSD.
  • Convert stablecoins
    Hot

    0 Fee
    1:1
    1:1 conversion of USDT, USDC, TUSD and PAX to BUSD.
  • Trade on exchange

    Maker 0
    Support multiple trading pairs to trade other coins to BUSD.

What is BUSD

  • 1:1 USD-backed, stable price, high liquidity
    Always purchase and redeem 1 BUSD for 1 USD.
  • Purchase and redeem with Zero Fees
    Binance and Paxos don’t charge a fee for the purchase and redeeming BUSD. (Your bank may charge wire fee)
  • Transfer globally, fast and lower cost
    Supported 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 exchange
    Save on fees and trade against multiple pairs. Support margin trades.
  • Earn interest with BUSD
    Deposit your BUSD and earn interest on lending.

Where you can trade

Bekijk meer

Venus

  • Binance Is Pitching Its Stablecoin as a Government-Friendly Libra Competitor
    Binance 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 Business
    The 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 Cryptocurrency
    As 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

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