Binance USD (BUSD) Reaches 24 Hour Volume of $4.98 Billion


Share on StockTwits

Binance USD (CURRENCY:BUSD) traded 0% lower against the dollar during the 24 hour period ending at 13:00 PM E.T. on April 8th. One Binance USD coin can currently be purchased for about $1.00 or 0.00001732 BTC on major exchanges. In the last week, Binance USD has traded 0.1% higher against the dollar. Binance USD has a total market cap of $4.57 billion and approximately $4.98 billion worth of Binance USD was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed in the last 24 hours:

  • Chainlink (LINK) traded 3.9% higher against the dollar and now trades at $32.53 or 0.00056261 BTC.
  • THETA (THETA) traded up 3.5% against the dollar and now trades at $13.01 or 0.00022505 BTC.
  • DREP (DREP) traded 21% lower against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded down 19.5% against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • Crypto.com Coin (CRO) traded 7.3% higher against the dollar and now trades at $0.20 or 0.00000348 BTC.
  • Aave (AAVE) traded up 3.4% against the dollar and now trades at $368.33 or 0.00637078 BTC.
  • FTX Token (FTT) traded up 7.3% against the dollar and now trades at $48.46 or 0.00083826 BTC.
  • Holo (HOT) traded up 6% against the dollar and now trades at $0.0231 or 0.00000040 BTC.
  • Huobi Token (HT) traded up 3.9% against the dollar and now trades at $17.41 or 0.00030120 BTC.
  • Dai (DAI) traded 0% lower against the dollar and now trades at $1.00 or 0.00001732 BTC.

Binance USD Profile

Binance USD (CRYPTO:BUSD) is a coin. Its launch date was September 10th, 2019. Binance USD’s total supply is 4,559,783,026 coins. 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. “

Buying and Selling Binance USD

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

new TradingView.widget( { “width”: 600, “height”: 400, “symbol”: “BUSDUSD”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “Light”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “allow_symbol_change”: true, “referral_id”: “2588”} );

Receive News & Updates for Binance USD Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Binance USD and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.