BUSD current price is €0.00000.

BUSD current price is €0.00000 with a marketcap of €0. Its price is -0.32% down in the last 24 hours.


  • binance-usd
    BUSD (BUSD)
  • Live Price
    €0.00000
  • 24h %
    -0.32%
  • Market Cap
    €0
  • Volume
    €0
  • Available Supply
    84.51 M BUSD
  • Rank
    544

Technical analysis, backgrounds and info on this crypto coin

Besides Binance USD (BUSD) is the renowned cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Binance USD (BUSD) price. Of course you can trade and/or invest in Binance USD (BUSD) as well. On this page you'll find basic statistics and characteristics of Binance USD (BUSD). Furthermore you'll find info regarding the Binance USD (BUSD) price, basic technical analysis and a brief explanation of the story of Binance USD (BUSD)

Current Binance USD (BUSD) price

Please see below the Binance USD price chart as provided by our home broker.


Of course, you can start investing or trading directly bij opening an account with Bitvavo. In case you don't know how to open an account with Bitvavo, please download our manual here.

Onchain Metrics Binance USD (BUSD)

If you want to perform a technical analysis of Binance USD and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.

 

These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.

Furthermore, we provide you with the price chart and historical data for Binance USD (BUSD) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Binance USD.

The Binance USD agenda

In order to provide you with an accurate overview of coming Binance USD agenda items and events, you'll find our Binance USD agenda below.

If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.

What is Binance USD?

The Binance USD (BUSD) is a stable coin funded and collateralized by dollars from the United States. It provides its consumers with the potential to negotiate with other digital and blockchain-based properties, thus mitigating the chance of uncertainty.
To enhance the decentralized financial environment, the BUSD was built using a frictionless global network that enables digital assets to bring connectivity, flexibility, and speed to transactions more and more.
Binance USD is a dollar-backed secure coin sponsored by Binance, one of the world's biggest cryptocurrency exchanges. Indeed, there has been a great deal of curiosity in this coin.
Right now, though, the demand for stablecoin is very saturated. There are many dollar-backed options funded by exchanges, trusts, and banks that are similarly appealing. There are also a variety of variants that are decentralized that take the industry by storm.

Who created Binance USD?

CEO Changpeng Zhao had antecedently supported Fusion Systems in 2005 in Shanghai; the corporate designed high-frequency commerce systems for brokers. In 2013 he joined Blockchain.info because the third member of the cryptocurrency wallet’s team. He conjointly worked at OKCoin as CTO for fewer than a year, a platform for spot commerce between rescript and digital assets.

What is the purpose of Binance USD (BUSD)?

The BUSD Monthly Audit Report is available on the official website for downloading. Launched on 5 September 2019, the goal of BUSD is to merge the dollar's resilience with blockchain technology. It is a digital fiat currency and is backed by BEP-2, released as ERC-20.

BUSD Use Case
Stablecoin plays a major role in sales, transfers, agreements, and decentralized finance based on market stability (DeFi).
To enhance the decentralized financial environment, the BUSD was built using a frictionless global network that enables digital assets to bring connectivity, flexibility, and speed to transactions more and more.
Binance USD's have been distributed on the Ethereum blockchain as ERC-20 tokens. In a 1:1 ratio, they are backed by U.S. dollars kept in U.S. bank accounts maintained by Paxos, Binance's partner in this initiative.
BUSD has so far been one of only three stablecoins authorized by U.S. regulators, with the other two being GUSD issued by Gemini Trust Company, and Paxos has also issued PAX.

Binance USD (BUSD) nowadays

The Low Fees
Another outstanding attribute of the exchange is that the Binance rates are among the lowest in the business when trading crypto-to-crypto. On each transaction, consumers are paid 0.1 percent, meaning if you traded 1 ETH, you would be charged just 0.001 ETH!
The Prize
There is an incentive for frequent traders on the Binance market to win prizes. These awards continue to change and have included free cryptocurrencies such as Waves (WAVES) and Ontology thus far (ONT). They even gave away a Maserati truck! How great, that's it!
Launchpad from ICO
As soon as their ICO has ended, Binance is well recognized for listing new cryptocurrencies. This indicates that Binance is regarded as their preferred exchange by many crypto firms. However, Binance mentions any old cryptocurrency, and it also needs to show itself to be a good cryptocurrency for Binance to list it.
Public safety
Security is taken very seriously by Binance, and when they register an account, clients are asked to set up two-factor authentication (2FA). 2FA is an external degree of authentication that gives your cell phone a special code whenever you try to log in, exchange in, or remove money.
"If you still wonder, "Is Binance healthy for you? The website also uses the CryptoCurrency Security Standard (CCSS), the industry standard for major exchanges, to protect accounts.
Trading of High Volume
Since Binance has become one of the most successful cryptocurrencies buying, trading, and selling markets, many trades are happening all the time. This is a significant consideration because it ensures that you have a greater chance of instantly selling your cryptocurrencies if and when you need to.

The future of Binance USD (BUSD)

Binance has been concentrating more and more on the space of stablecoin. It listed BGBP stablecoin back in July, which is pegged 1:1 to the British pound but is based on the blockchain network of the Binance Chain. Binance said that it would introduce a series of secure coins attached to various fiat currencies.
Binance, close to the forthcoming stablecoin Libra from Facebook, is also planning to launch Venus. Yi He, Binance's co-founder, told The Block at the time: "We believe that stablecoins will gradually replace traditional fiat currencies in countries around the world in the near and long term and bring a new and balanced standard to the digital economy.

Further technical analysis of this coin

For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock

Do you want to trade in this crypto?

If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.

Price chart


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Historical data

Date Price Volume MarketCap

Disclaimer

Please note that our site does not provide any financial advice. The statistics and information shown are solely provided as possible source for your own research on (investing in) crypto and/or for educational/entertainment purposes. Despite our efforts to present information in a right and timely manner we will not accept any responsibility for any shortcomings in the data and/or information provided. Furthermore please that this site uses affiliate links. This means we might earn a contribution in the costs of operating this site and providing free information if you decide to click on (one of) the links issued.

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