8

Rank

Binance USD, BUSD

$0.999761 ( -0.01% )

Market Cap

$5 401 598 389

24 Hour Volume

$8 963 479 589

Available Supply

5 402 890 536

Binance USD / US Dollar Chart, BUSD/USD ()


Open price: 0.0
High price: 0.0
Average price: 0.0
Close price: 0.0
Low price: 0.0
Change: 0.0%

#
Exchange
Pair
Volume
Volume (%)
1.
BUSD/USDT
1 547 913 462 USD
16.91 %
2.
ETH/BUSD
1 481 552 001 USD
16.19 %
3.
BTC/BUSD
1 064 807 861 USD
11.63 %
4.
BUSD/USDT
678 313 257 USD
7.41 %
5.
BNB/BUSD
668 357 379 USD
7.30 %
6.
ETH/BUSD
656 550 844 USD
7.17 %
7.
BTC/BUSD
520 918 969 USD
5.69 %
8.
BNB/BUSD
433 123 340 USD
4.73 %
9.
DOGE/BUSD
237 072 569 USD
2.59 %
10.
XRP/BUSD
145 864 520 USD
1.59 %
11.
ADA/BUSD
88 284 945 USD
0.96 %
12.
XRP/BUSD
81 492 444 USD
0.89 %
13.
LTC/BUSD
67 822 328 USD
0.74 %
14.
CAKE/BUSD
65 379 082 USD
0.71 %
15.
USDC/BUSD
62 820 539 USD
0.69 %
16.
EOS/BUSD
59 321 395 USD
0.65 %
17.
DOT/BUSD
56 788 976 USD
0.62 %
18.
DOT/BUSD
47 728 988 USD
0.52 %
19.
VET/BUSD
43 591 222 USD
0.48 %
20.
EOS/BUSD
41 538 528 USD
0.45 %
21.
SOL/BUSD
38 931 023 USD
0.43 %
22.
LINK/BUSD
32 435 846 USD
0.35 %
23.
ETC/BUSD
31 656 693 USD
0.35 %
24.
EUR/BUSD
31 622 466 USD
0.35 %
25.
WRX/BUSD
29 710 588 USD
0.32 %
26.
XVG/BUSD
28 075 265 USD
0.31 %
27.
BCH/BUSD
27 715 216 USD
0.30 %
28.
UNI/BUSD
27 388 174 USD
0.30 %
29.
GBP/BUSD
26 842 654 USD
0.29 %
30.
VET/BUSD
24 427 194 USD
0.27 %
31.
SXP/BUSD
23 287 987 USD
0.25 %
32.
LUNA/BUSD
21 608 729 USD
0.24 %
33.
LTC/BUSD
21 029 262 USD
0.23 %
34.
PHA/BUSD
20 175 207 USD
0.22 %
35.
MKR/BUSD
17 751 492 USD
0.19 %
36.
MATIC/BUSD
17 411 156 USD
0.19 %
37.
CHZ/BUSD
16 935 383 USD
0.19 %
38.
BTC/BUSD
16 832 439 USD
0.18 %
39.
FOR/BUSD
15 806 887 USD
0.17 %
40.
NEO/BUSD
15 326 641 USD
0.17 %
41.
LINK/BUSD
15 019 556 USD
0.16 %
42.
BUSD/TRY
14 432 598 USD
0.16 %
43.
TRX/BUSD
14 139 843 USD
0.15 %
44.
BUSD/USDT
13 945 717 USD
0.15 %
45.
BCH/BUSD
13 468 949 USD
0.15 %
46.
ETC/BUSD
12 056 092 USD
0.13 %
47.
BAKE/BUSD
11 906 460 USD
0.13 %
48.
DEXE/BUSD
11 694 980 USD
0.13 %
49.
XLM/BUSD
11 258 182 USD
0.12 %
50.
AUD/BUSD
10 844 946 USD
0.12 %
51.
EGLD/BUSD
10 621 108 USD
0.12 %
52.
INJ/BUSD
10 368 368 USD
0.11 %
53.
BTT/BUSD
10 259 713 USD
0.11 %
54.
BUSD/BRL
9 828 970 USD
0.11 %
55.
FIL/BUSD
9 750 791 USD
0.11 %
56.
UNI/BUSD
8 548 896 USD
0.09 %
57.
CAKE/BUSD
8 225 517 USD
0.09 %
58.
SUSHI/BUSD
7 789 039 USD
0.09 %
59.
ETH/BUSD
7 704 017 USD
0.08 %
60.
SXP/BUSD
7 218 455 USD
0.08 %
61.
TVK/BUSD
7 141 358 USD
0.08 %
62.
RUNE/BUSD
7 053 610 USD
0.08 %
63.
COMP/BUSD
6 981 091 USD
0.08 %
64.
ENJ/BUSD
6 968 375 USD
0.08 %
65.
REEF/BUSD
6 963 498 USD
0.08 %
66.
AAVE/BUSD
6 959 709 USD
0.08 %
67.
TKO/BUSD
6 785 247 USD
0.07 %
68.
XLM/BUSD
6 732 467 USD
0.07 %
69.
DASH/BUSD
6 196 557 USD
0.07 %
70.
SRM/BUSD
5 906 503 USD
0.06 %
71.
ALGO/BUSD
5 887 923 USD
0.06 %
72.
ONT/BUSD
5 867 077 USD
0.06 %
73.
XVS/BUSD
5 810 445 USD
0.06 %
74.
BUSD/DAI
5 715 404 USD
0.06 %
75.
YFI/BUSD
5 696 998 USD
0.06 %
76.
KSM/BUSD
5 586 387 USD
0.06 %
77.
DGB/BUSD
5 492 929 USD
0.06 %
78.
XTZ/BUSD
5 389 967 USD
0.06 %
79.
AXS/BUSD
5 335 881 USD
0.06 %
80.
KSM/BUSD
5 141 318 USD
0.06 %
81.
ATOM/BUSD
5 106 005 USD
0.06 %
82.
ONE/BUSD
4 987 092 USD
0.05 %
83.
RSR/BUSD
4 892 511 USD
0.05 %
84.
BTC/BUSD
4 839 005 USD
0.05 %
85.
BTCST/BUSD
4 815 145 USD
0.05 %
86.
UNFI/BUSD
4 693 143 USD
0.05 %
87.
CRV/BUSD
4 567 676 USD
0.05 %
88.
FXS/BUSD
4 490 744 USD
0.05 %
89.
1INCH/BUSD
4 425 400 USD
0.05 %
90.
ETH/BUSD
4 405 013 USD
0.05 %
91.
SUSHI/BUSD
4 367 650 USD
0.05 %
92.
QTUM/BUSD
4 198 112 USD
0.05 %
93.
BUSD/BIDR
4 193 362 USD
0.05 %
94.
NANO/BUSD
4 171 851 USD
0.05 %
95.
LINA/BUSD
3 976 301 USD
0.04 %
96.
MANA/BUSD
3 865 927 USD
0.04 %
97.
HBAR/BUSD
3 855 063 USD
0.04 %
98.
ZIL/BUSD
3 847 254 USD
0.04 %
99.
XTZ/BUSD
3 821 287 USD
0.04 %
100.
FRONT/BUSD
3 810 729 USD
0.04 %
101.
AVAX/BUSD
3 761 600 USD
0.04 %
102.
LUNA/BUSD
3 690 883 USD
0.04 %
103.
AAVE/BUSD
3 601 355 USD
0.04 %
104.
BUSD/VAI
3 480 620 USD
0.04 %
105.
PAX/BUSD
3 461 021 USD
0.04 %
106.
TUSD/BUSD
3 421 363 USD
0.04 %
107.
AUDIO/BUSD
3 364 585 USD
0.04 %
108.
BAT/BUSD
3 308 853 USD
0.04 %
109.
BNB/BUSD
3 251 323 USD
0.04 %
110.
IQ/BUSD
3 213 649 USD
0.04 %
111.
BUSD/RUB
3 188 056 USD
0.03 %
112.
BIFI/BUSD
2 987 868 USD
0.03 %
113.
ATOM/BUSD
2 929 265 USD
0.03 %
114.
LIT/BUSD
2 906 285 USD
0.03 %
115.
BAT/BUSD
2 879 853 USD
0.03 %
116.
OCEAN/BUSD
2 840 556 USD
0.03 %
117.
AERGO/BUSD
2 771 929 USD
0.03 %
118.
ZEC/BUSD
2 706 359 USD
0.03 %
119.
ICX/BUSD
2 704 575 USD
0.03 %
120.
ALPHA/BUSD
2 644 972 USD
0.03 %
121.
ALICE/BUSD
2 619 260 USD
0.03 %
122.
XMR/BUSD
2 602 610 USD
0.03 %
123.
YFI/BUSD
2 494 975 USD
0.03 %
124.
BAND/BUSD
2 473 148 USD
0.03 %
125.
RAMP/BUSD
2 453 360 USD
0.03 %
126.
ZRX/BUSD
2 400 875 USD
0.03 %
127.
RUNE/BUSD
2 389 610 USD
0.03 %
128.
KP3R/BUSD
2 374 410 USD
0.03 %
129.
WRX/BUSD
2 330 664 USD
0.03 %
130.
ANT/BUSD
2 324 465 USD
0.03 %
131.
TLM/BUSD
2 231 988 USD
0.02 %
132.
HBAR/BUSD
2 196 624 USD
0.02 %
133.
ANT/BUSD
2 133 744 USD
0.02 %
134.
PSG/BUSD
2 123 935 USD
0.02 %
135.
SFP/BUSD
2 053 094 USD
0.02 %
136.
CREAM/BUSD
2 022 499 USD
0.02 %
137.
DODO/BUSD
1 951 587 USD
0.02 %
138.
SNX/BUSD
1 863 758 USD
0.02 %
139.
GRT/BUSD
1 858 272 USD
0.02 %
140.
CREAM/BUSD
1 828 381 USD
0.02 %
141.
WAVES/BUSD
1 752 467 USD
0.02 %
142.
NEAR/BUSD
1 736 828 USD
0.02 %
143.
QTUM/BUSD
1 727 200 USD
0.02 %
144.
SRM/BUSD
1 725 181 USD
0.02 %
145.
ROSE/BUSD
1 682 291 USD
0.02 %
146.
AUCTION/BUSD
1 661 833 USD
0.02 %
147.
IOST/BUSD
1 652 238 USD
0.02 %
148.
SNX/BUSD
1 643 295 USD
0.02 %
149.
COMP/BUSD
1 630 435 USD
0.02 %
150.
SWRV/BUSD
1 581 514 USD
0.02 %
151.
CTSI/BUSD
1 542 598 USD
0.02 %
152.
MIR/BUSD
1 541 668 USD
0.02 %
153.
VIDT/BUSD
1 534 631 USD
0.02 %
154.
RSR/BUSD
1 528 090 USD
0.02 %
155.
DEGO/BUSD
1 501 585 USD
0.02 %
156.
WAVES/BUSD
1 476 697 USD
0.02 %
157.
OMG/BUSD
1 467 593 USD
0.02 %
158.
HOT/BUSD
1 303 096 USD
0.01 %
159.
SWRV/BUSD
1 301 387 USD
0.01 %
160.
OCEAN/BUSD
1 274 651 USD
0.01 %
161.
KNC/BUSD
1 274 388 USD
0.01 %
162.
ZRX/BUSD
1 254 923 USD
0.01 %
163.
BUSD/BIDR
1 240 853 USD
0.01 %
164.
DIA/BUSD
1 224 998 USD
0.01 %
165.
CKB/BUSD
1 200 356 USD
0.01 %
166.
CTK/BUSD
1 157 151 USD
0.01 %
167.
EPS/BUSD
1 064 242 USD
0.01 %
168.
PERP/BUSD
1 061 642 USD
0.01 %
169.
UFT/BUSD
1 027 654 USD
0.01 %
170.
TOMO/BUSD
1 003 766 USD
0.01 %
171.
TWT/BUSD
994 786 USD
0.01 %
172.
SUPER/BUSD
983 074 USD
0.01 %
173.
IDEX/BUSD
972 141 USD
0.01 %
174.
BEL/BUSD
970 103 USD
0.01 %
175.
SAND/BUSD
963 754 USD
0.01 %
176.
BEL/BUSD
957 262 USD
0.01 %
177.
BZRX/BUSD
950 539 USD
0.01 %
178.
TRB/BUSD
941 544 USD
0.01 %
179.
BUSD/USDT
939 062 USD
0.01 %
180.
BADGER/BUSD
937 801 USD
0.01 %
181.
RVN/BUSD
869 543 USD
0.01 %
182.
JST/BUSD
860 231 USD
0.01 %
183.
SAND/BUSD
856 145 USD
0.01 %
184.
DIA/BUSD
830 292 USD
0.01 %
185.
DNT/BUSD
813 003 USD
0.01 %
186.
KP3R/BUSD
799 507 USD
0.01 %
187.
AUTO/BUSD
791 131 USD
0.01 %
188.
SKL/BUSD
760 695 USD
0.01 %
189.
KNC/BUSD
751 624 USD
0.01 %
190.
RVN/BUSD
746 293 USD
0.01 %
191.
GHST/BUSD
732 015 USD
0.01 %
192.
DF/BUSD
679 534 USD
0.01 %
193.
BAL/BUSD
667 285 USD
0.01 %
194.
BCHA/BUSD
664 071 USD
0.01 %
195.
FIO/BUSD
653 510 USD
0.01 %
196.
YFII/BUSD
635 941 USD
0.01 %
197.
FRONT/BUSD
600 726 USD
0.01 %
198.
SYS/BUSD
571 182 USD
0.01 %
199.
IDEX/BUSD
561 499 USD
0.01 %
200.
FLM/BUSD
552 281 USD
0.01 %
201.
JST/BUSD
523 799 USD
0.01 %
202.
NMR/BUSD
511 136 USD
0.01 %
203.
LRC/BUSD
480 959 USD
0.01 %
204.
AVA/BUSD
472 229 USD
0.01 %
205.
TRB/BUSD
465 983 USD
0.01 %
206.
NMR/BUSD
463 790 USD
0.01 %
207.
CFX/BUSD
457 033 USD
0.00 %
208.
WING/BUSD
454 791 USD
0.00 %
209.
FIO/BUSD
448 094 USD
0.00 %
210.
OM/BUSD
444 414 USD
0.00 %
211.
BNT/BUSD
441 488 USD
0.00 %
212.
HARD/BUSD
438 250 USD
0.00 %
213.
STRAX/BUSD
437 367 USD
0.00 %
214.
UNFI/BUSD
434 409 USD
0.00 %
215.
CVP/BUSD
417 109 USD
0.00 %
216.
YFII/BUSD
412 875 USD
0.00 %
217.
HEGIC/BUSD
407 533 USD
0.00 %
218.
POND/BUSD
405 236 USD
0.00 %
219.
BZRX/BUSD
360 059 USD
0.00 %
220.
WING/BUSD
333 144 USD
0.00 %
221.
BNB/BUSD
314 516 USD
0.00 %
222.
COVER/BUSD
309 934 USD
0.00 %
223.
BUSD/USDT
293 076 USD
0.00 %
224.
CREAM/BUSD
290 070 USD
0.00 %
225.
BTG/BUSD
282 678 USD
0.00 %
226.
PROM/BUSD
276 346 USD
0.00 %
227.
BNT/BUSD
245 153 USD
0.00 %
228.
FIS/BUSD
224 033 USD
0.00 %
229.
VIDT/BUSD
220 411 USD
0.00 %
230.
TRU/BUSD
209 820 USD
0.00 %
231.
BUSD/USDT
206 552 USD
0.00 %
232.
BUSD/USDT
200 136 USD
0.00 %
233.
HARD/BUSD
196 864 USD
0.00 %
234.
LTC/BUSD
194 609 USD
0.00 %
235.
DATA/BUSD
176 094 USD
0.00 %
236.
JUV/BUSD
148 297 USD
0.00 %
237.
ACM/BUSD
122 873 USD
0.00 %
238.
LINK/BUSD
118 098 USD
0.00 %
239.
BTC/BUSD
100 797 USD
0.00 %
240.
BUSD/ZAR
92 361 USD
0.00 %
241.
BTC/BUSD
92 100 USD
0.00 %
242.
ETH/BUSD
76 603 USD
0.00 %
243.
BUSD/INR
65 351 USD
0.00 %
244.
WAVES/BUSD
64 194 USD
0.00 %
245.
HEGIC/BUSD
60 363 USD
0.00 %
246.
BCH/BUSD
58 439 USD
0.00 %
247.
MKR/BUSD
55 799 USD
0.00 %
248.
DGB/BUSD
42 794 USD
0.00 %
249.
BUSD/USDT
41 850 USD
0.00 %
250.
BTC/BUSD
39 058 USD
0.00 %
251.
HARD/BUSD
38 305 USD
0.00 %
252.
CVP/BUSD
36 382 USD
0.00 %
253.
COMP/BUSD
35 724 USD
0.00 %
254.
XRP/BUSD
28 079 USD
0.00 %
255.
SXP/BUSD
27 915 USD
0.00 %
256.
ETC/BUSD
24 079 USD
0.00 %
257.
OCEAN/BUSD
23 775 USD
0.00 %
258.
BUSD/DAI
17 651 USD
0.00 %
259.
BUSD/BVND
11 579 USD
0.00 %
260.
BTC/BUSD
9 779 USD
0.00 %
261.
BUSD/USDT
8 928 USD
0.00 %
262.
BUSD/USDT
6 906 USD
0.00 %
263.
BUSD/USDF
6 730 USD
0.00 %
264.
DATA/BUSD
2 778 USD
0.00 %
265.
BNB/BUSD
2 007 USD
0.00 %
266.
BUSD/USDT
1 861 USD
0.00 %
267.
BUSD/USDT
888 USD
0.00 %
268.
BOT/BUSD
147 USD
0.00 %
269.
BUSD/IDRT
113 USD
0.00 %

About Binance USD


Binance USD is a joint project of the Binance trading platform and fintech company Paxos. It was launched as a part of the Binance Venus blockchain project. It is reliable and transparent because Paxos has licences and permissions of regulators and is audited every month.

Users of Binance exchanges and services, all investors and traders are offered the BUSD stablecoin as an alternative to the fiat dollar. It is suitable for saving assets during crypto market turmoil. It is beneficial for those who are willing to convert cryptocurrency into something more stable and reliable.

Binance USD project history

The project with the stablecoin was created in September 2019 by famous companies — Binance Holdings Ltd and Paxos Trust Company, LLC. The first one was represented by its CEO Changpeng Zhao and his army of developers, while the second one came with a small team led by CEO Charles Cascarilla. Their goal was the modernisation of the financial system by launching a fail-safe global network with stablecoins that would assist other cryptocurrencies in liquidity improvement.

Binance and Paxos immediately received permission from the New York State Department of Financial Services. Also, Paxos Trust Company had already obtained the BitLicense because it had been issuing its own stablecoin—Paxos Standard (PAX)—for a long time. After a short official announcement, in mid-September, Wei Zhou (CFO at Binance) and Rich Teo (CEO at Paxos Asia) revealed the details of the partnership during the summit ‘Invest: Asia 2019’ in Singapore.

First, BUSD had been available for a direct exchange for PAX and USD through a personal account on the Paxos website. Then, in late September, the Binance exchange listed its own stablecoin paired with BTC, BNB, and XRP.

Binance USD cryptocurrency aspects

Binance USD concurrently operates in two blockchain networks. Since September 2019, first stablecoins have been issued in the Ethereum blockchain according to the ERC-20 standard. After a month, Binance has started issuing them in its Binance Chain according to the BEP-2 standard. This decision allowed implementing them into decentralized applications of two different blockchains.

Token contracts are used to issue Binance USD, so the stablecoin is technically not a coin but a token with a stable price. BUSD tokens issued on different blockchains are incompatible. So it is possible to send them only to the addresses of the corresponding networks and only through wallets with support for the corresponding blockchain.

To buy BUSD for the first time on the Binance exchange or the Paxos website, it is necessary to pass the KYC procedure. Verification is needed due to regulators’ requirements in terms of stablecoins and fiat currencies. It is all simple when it comes to the exchange — just make deposits in any currency on an account and buy BUSD in any of three ways:

  1. For fiat currencies via an exchanger.
  2. For stablecoins USDT, USDC, TUSD, and PAX through conversion.
  3. For any supported cryptocurrencies by creating an order.

The exchange does not charge fees for buying BUSD but third-party payment systems and providers will charge their commission for deposits. The Paxos website also does not have fees, and buying is even easier: deposit either US dollars (by a transfer to the company’s bank account) or PAX stablecoins. Then the issuer creates a smart contract for an ordered amount of tokens and sends them to the buyer.

To sell BUSD, it is necessary to make a request for redemption and send them to the issuer’s address. Paxos will transfer US dollars to your bank account and ‘burn’ the redeemed tokens through a smart contract to balance the tokens in reserve and circulation. Redemption also does not have an imposed commission, and the whole process takes no longer than a business day.

The BUSD rate is pegged to the US dollar. Binance and Paxos maintain parity so that one token is equivalent to one fiat dollar. However, due to market volatility, which is stronger than the capabilities of these companies, deviations sometimes occur.

On our Binance USD chart, you can observe all token’s extremes. Thus, on 12 March 2020, BUSD reached its high at $1.05, and on 18 March — its low at $0.97.

The backing of the BUSD stablecoin

The BUSD price is stable because all issued tokens are backed by reserves on the accounts of Paxos Trust Company. At the same time, accounts in US banks are insured by the Federal Deposit Insurance Corporation. Paxos really does store dollars one-to-one and does not mix any other assets or account receivables with the reserve. Only this fintech company is an issuer and depositee. Parental and subsidiary companies of Binance Holdings do not hold any reserves of fiat dollars to back BUSD.

To assure everybody that it has a reserve and is capable of paying, every month Paxos gets audited and publishes results (pdf documents) on its website, paxos.com. The first audit took place way back in September 2019, and since then, not a month went by without it.

The first audit (September 2019) Amount
Tokens issued into circulation 19,257,948.22 BUSD
Fiat dollars in reserve accounts 19,257,948.22 USD
The 13th audit (September 2020) Amount
Tokens issued into circulation 503,349,908.47 BUSD
Fiat dollars in reserve accounts 503,349,908.47 USD

 

The permanent auditor is Withum, which is a member of the HLB International network. For 50 years, it has been offering tax, accounting, auditing, and consulting services. Its credibility and reliability of its results are beyond dispute.

The user’s USD wallet in personal account is a simulation wallet. Buying and selling coins in indices, gains or losses thereon are a virtual simulation. We are not able to conduct any transactions with real currency. *Partnership service Coin-cap.pro does not offer the service of buying or selling cryptocurrencies.