See the live Binance USD price in USD. Buy Binance USD or add it to your Crypto Strategy.

Binance USD

BUSD

BUSD to USD Price

$1.00

Binance USD Market Cap

$4.79B

See all buy/sell options

BUSD USD price chart / performance

From

Jun 3, 2023

Jun 10, 2023

Returns

Return (24h)

+0.10%

Return (7D)

+0.25%

Return (1M)

+0.07%

Return (1y)

N/A

My Investment

Profit Taken

$0.00

Profit/Loss

$0.00

You Have:

$0.00

Binance USD (BUSD) Overview

BUSD is a stablecoin, backed 1:1 with US dollars held in reserve. It is also pegged to the US dollar, always trying to maintain the value of 1 USD. BUSD is issued by Binance and Paxos, and approved and regulated by the New York State Department of Financial Services (NYDFS). Every month, a report is issued proving the backing of the token, giving investors more confidence in the coin. Compared to other stablecoins, the process of maintaining BUSD's peg to the US dollar is relatively straightforward. Each BUSD token is exchangeable for one US dollar from their reserves. When Paxos receives BUSD, they burn it and give the sender the corresponding amount in fiat currency, ensuring that supply and reserves remain at a constant 1:1 ratio.BUSD is an ERC20 token built on the Ethereum blockchain. It also supports BEP-2, which is a technical standard used for creating and transferring new digital assets on the Binance Chain. This versatility allows BUSD to cater to a wider range of users, making it a more accessible option in the digital asset market.

How To Buy Binance USD or Add it to your Strategy

The fastest, most convenient way to purchase Binance USD is to purchase it on ICONOMI. We check Binance USD live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Binance USD by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Binance USD is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Binance USD, we recommend you read the next section, as copying might be a better approach.

Add Binance USD to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Binance USD in their structure.

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Binance USD Price FAQ

What Is the Highest Price of Binance USD (BUSD) in USD?

Binance USD (BUSD) price history shows the highest value of 1.00 USD . We recorded this price on May 16, 2023, but we cannot exclude that a higher price was registered before March 20, 2023.

What Is the Lowest Price of Binance USD (BUSD) in USD?

The lowest price of Binance USD (BUSD) was 0.99 USD. We recorded this price on Apr 11, 2023, but we cannot exclude that a lower price was registered before March 20, 2023.

How can I buy Binance USD (BUSD)?

You can buy Binance USD (BUSD) with a credit card, crypto, bank transfer, or Skrill. If you don’t yet have an ICONOMI account, creating one will take only a couple of minutes. Binance USD can also be added to your Crypto strategy so you can more easily manage your crypto portfolio and take advantage of ICONOMI’s unique rebalance features.

What Is the Current Price of Binance USD (BUSD) in USD?

Current Binance USD (BUSD) live price in USD is $1.00 .

Is Binance USD (BUSD) a good investment?

The current YTD (year-to-date) performance of Binance USD (BUSD ) is 0.28%. Always do your own research when investing. Past performance does not guarantee future gains. We invite you to read Investing 101 guides on our blog. Maybe you can start with How to Build your Crypto Portfolio.

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