4

Rank

Binance USD, BUSD

$1.00 ( -0.02% )

Market Cap

$13 073 971 048

24 Hour Volume

$3 390 641 116

Available Supply

13 073 555 531

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
691 134 243 USD
20.53 %
2.
BTC/BUSD
583 916 677 USD
17.35 %
3.
ETH/BUSD
418 684 011 USD
12.44 %
4.
BNB/BUSD
152 109 183 USD
4.52 %
5.
BTC/BUSD
141 893 751 USD
4.22 %
6.
ETH/BUSD
78 808 231 USD
2.34 %
7.
REEF/BUSD
67 626 000 USD
2.01 %
8.
SOL/BUSD
66 936 786 USD
1.99 %
9.
DOT/BUSD
65 755 479 USD
1.95 %
10.
USDC/BUSD
58 901 836 USD
1.75 %
11.
ADA/BUSD
51 622 692 USD
1.53 %
12.
XRP/BUSD
46 666 880 USD
1.39 %
13.
ETH/BUSD
44 932 573 USD
1.33 %
14.
FOR/BUSD
40 595 187 USD
1.21 %
15.
AVAX/BUSD
39 456 423 USD
1.17 %
16.
MATIC/BUSD
36 626 780 USD
1.09 %
17.
DOGE/BUSD
30 265 781 USD
0.90 %
18.
XLM/BUSD
29 594 164 USD
0.88 %
19.
LUNA/BUSD
27 871 677 USD
0.83 %
20.
DF/BUSD
27 009 192 USD
0.80 %
21.
SKL/BUSD
24 067 625 USD
0.72 %
22.
BUSD/TRY
23 156 590 USD
0.69 %
23.
LINK/BUSD
22 640 337 USD
0.67 %
24.
LINA/BUSD
20 807 067 USD
0.62 %
25.
BTC/BUSD
18 687 803 USD
0.56 %
26.
LTC/BUSD
18 661 612 USD
0.55 %
27.
AXS/BUSD
18 496 660 USD
0.55 %
28.
CAKE/BUSD
16 531 317 USD
0.49 %
29.
DNT/BUSD
16 052 782 USD
0.48 %
30.
VET/BUSD
13 516 771 USD
0.40 %
31.
ALGO/BUSD
13 206 912 USD
0.39 %
32.
RAMP/BUSD
12 899 138 USD
0.38 %
33.
ONE/BUSD
11 601 277 USD
0.34 %
34.
BCH/BUSD
11 430 081 USD
0.34 %
35.
SFP/BUSD
11 168 743 USD
0.33 %
36.
GRT/BUSD
10 904 868 USD
0.32 %
37.
BTCST/BUSD
9 890 174 USD
0.29 %
38.
DEGO/BUSD
9 499 426 USD
0.28 %
39.
BNB/BUSD
9 406 213 USD
0.28 %
40.
SUPER/BUSD
9 161 080 USD
0.27 %
41.
ENJ/BUSD
8 336 298 USD
0.25 %
42.
POND/BUSD
8 333 676 USD
0.25 %
43.
UNI/BUSD
8 327 690 USD
0.25 %
44.
EOS/BUSD
8 255 037 USD
0.25 %
45.
ATOM/BUSD
8 033 744 USD
0.24 %
46.
SUSHI/BUSD
7 800 882 USD
0.23 %
47.
ROSE/BUSD
7 518 529 USD
0.22 %
48.
FIL/BUSD
7 242 554 USD
0.22 %
49.
IDEX/BUSD
7 234 123 USD
0.21 %
50.
EPS/BUSD
7 167 978 USD
0.21 %
51.
EGLD/BUSD
6 479 810 USD
0.19 %
52.
FRONT/BUSD
6 472 148 USD
0.19 %
53.
MIR/BUSD
6 324 787 USD
0.19 %
54.
TWT/BUSD
6 146 605 USD
0.18 %
55.
NEAR/BUSD
6 141 358 USD
0.18 %
56.
OM/BUSD
5 939 016 USD
0.18 %
57.
MANA/BUSD
5 774 642 USD
0.17 %
58.
DODO/BUSD
5 566 025 USD
0.17 %
59.
EUR/BUSD
5 380 488 USD
0.16 %
60.
TLM/BUSD
5 335 294 USD
0.16 %
61.
BUSD/BRL
5 274 744 USD
0.16 %
62.
BAKE/BUSD
4 880 660 USD
0.15 %
63.
RSR/BUSD
4 741 038 USD
0.14 %
64.
BUSD/USDT
4 651 911 USD
0.14 %
65.
ALICE/BUSD
4 619 701 USD
0.14 %
66.
XTZ/BUSD
4 609 373 USD
0.14 %
67.
SXP/BUSD
4 603 266 USD
0.14 %
68.
RUNE/BUSD
4 475 793 USD
0.13 %
69.
BEL/BUSD
4 272 345 USD
0.13 %
70.
HEGIC/BUSD
4 127 215 USD
0.12 %
71.
AUD/BUSD
4 117 490 USD
0.12 %
72.
CTK/BUSD
4 005 122 USD
0.12 %
73.
TRX/BUSD
3 962 712 USD
0.12 %
74.
HARD/BUSD
3 908 656 USD
0.12 %
75.
PROM/BUSD
3 731 281 USD
0.11 %
76.
TRB/BUSD
3 718 005 USD
0.11 %
77.
SRM/BUSD
3 669 512 USD
0.11 %
78.
CHZ/BUSD
3 467 136 USD
0.10 %
79.
LRC/BUSD
3 462 787 USD
0.10 %
80.
XMR/BUSD
3 297 405 USD
0.10 %
81.
CRV/BUSD
3 262 177 USD
0.10 %
82.
BAND/BUSD
3 188 755 USD
0.09 %
83.
ETC/BUSD
3 158 602 USD
0.09 %
84.
BZRX/BUSD
3 136 961 USD
0.09 %
85.
ZIL/BUSD
3 087 841 USD
0.09 %
86.
CFX/BUSD
3 057 879 USD
0.09 %
87.
HBAR/BUSD
3 007 315 USD
0.09 %
88.
BUSD/DAI
2 978 119 USD
0.09 %
89.
WRX/BUSD
2 957 960 USD
0.09 %
90.
BTT/BUSD
2 933 751 USD
0.09 %
91.
UFT/BUSD
2 819 906 USD
0.08 %
92.
VIDT/BUSD
2 781 264 USD
0.08 %
93.
AUDIO/BUSD
2 650 021 USD
0.08 %
94.
AAVE/BUSD
2 641 181 USD
0.08 %
95.
TKO/BUSD
2 633 361 USD
0.08 %
96.
IQ/BUSD
2 604 362 USD
0.08 %
97.
OCEAN/BUSD
2 597 085 USD
0.08 %
98.
HOT/BUSD
2 541 862 USD
0.08 %
99.
TUSD/BUSD
2 427 781 USD
0.07 %
100.
LIT/BUSD
2 413 578 USD
0.07 %
101.
KSM/BUSD
2 378 867 USD
0.07 %
102.
CTSI/BUSD
2 378 227 USD
0.07 %
103.
BTC/BUSD
2 320 749 USD
0.07 %
104.
CVP/BUSD
2 247 471 USD
0.07 %
105.
OMG/BUSD
2 233 302 USD
0.07 %
106.
BIFI/BUSD
2 134 810 USD
0.06 %
107.
IOST/BUSD
1 999 945 USD
0.06 %
108.
1INCH/BUSD
1 949 590 USD
0.06 %
109.
DASH/BUSD
1 918 932 USD
0.06 %
110.
ALPHA/BUSD
1 908 068 USD
0.06 %
111.
BUSD/BIDR
1 879 466 USD
0.06 %
112.
TVK/BUSD
1 873 267 USD
0.06 %
113.
ONT/BUSD
1 774 364 USD
0.05 %
114.
COMP/BUSD
1 749 557 USD
0.05 %
115.
AUTO/BUSD
1 693 513 USD
0.05 %
116.
GBP/BUSD
1 662 767 USD
0.05 %
117.
CAKE/BUSD
1 662 246 USD
0.05 %
118.
QTUM/BUSD
1 617 463 USD
0.05 %
119.
SAND/BUSD
1 604 023 USD
0.05 %
120.
PHA/BUSD
1 590 629 USD
0.05 %
121.
WAVES/BUSD
1 570 525 USD
0.05 %
122.
AUCTION/BUSD
1 561 966 USD
0.05 %
123.
MKR/BUSD
1 424 747 USD
0.04 %
124.
XVS/BUSD
1 415 813 USD
0.04 %
125.
WING/BUSD
1 413 015 USD
0.04 %
126.
AERGO/BUSD
1 409 953 USD
0.04 %
127.
INJ/BUSD
1 269 141 USD
0.04 %
128.
FIS/BUSD
1 245 362 USD
0.04 %
129.
UNFI/BUSD
1 185 965 USD
0.04 %
130.
CKB/BUSD
1 153 209 USD
0.03 %
131.
ZEC/BUSD
1 137 882 USD
0.03 %
132.
NEO/BUSD
1 133 208 USD
0.03 %
133.
FLM/BUSD
1 127 236 USD
0.03 %
134.
BUSD/RUB
1 114 854 USD
0.03 %
135.
GHST/BUSD
1 110 725 USD
0.03 %
136.
FORTH/BUSD
1 081 112 USD
0.03 %
137.
DATA/BUSD
1 050 558 USD
0.03 %
138.
BAT/BUSD
1 049 698 USD
0.03 %
139.
PERP/BUSD
1 034 987 USD
0.03 %
140.
RVN/BUSD
1 008 267 USD
0.03 %
141.
XVG/BUSD
1 004 999 USD
0.03 %
142.
BUSD/USDT
969 249 USD
0.03 %
143.
KP3R/BUSD
952 580 USD
0.03 %
144.
HARD/BUSD
951 788 USD
0.03 %
145.
BADGER/BUSD
882 411 USD
0.03 %
146.
SYS/BUSD
863 592 USD
0.03 %
147.
YFI/BUSD
860 418 USD
0.03 %
148.
NANO/BUSD
856 659 USD
0.03 %
149.
SNX/BUSD
846 655 USD
0.03 %
150.
FXS/BUSD
844 996 USD
0.03 %
151.
DEXE/BUSD
831 514 USD
0.02 %
152.
CREAM/BUSD
815 553 USD
0.02 %
153.
KNC/BUSD
807 375 USD
0.02 %
154.
DIA/BUSD
759 838 USD
0.02 %
155.
FIO/BUSD
709 399 USD
0.02 %
156.
FRONT/BUSD
677 480 USD
0.02 %
157.
ICX/BUSD
663 928 USD
0.02 %
158.
DGB/BUSD
634 422 USD
0.02 %
159.
PSG/BUSD
628 359 USD
0.02 %
160.
AVA/BUSD
622 008 USD
0.02 %
161.
BAL/BUSD
536 381 USD
0.02 %
162.
HEGIC/BUSD
483 860 USD
0.01 %
163.
BUSD/VAI
480 552 USD
0.01 %
164.
ANT/BUSD
378 653 USD
0.01 %
165.
NMR/BUSD
302 319 USD
0.01 %
166.
KP3R/BUSD
294 974 USD
0.01 %
167.
VIDT/BUSD
285 298 USD
0.01 %
168.
ZRX/BUSD
282 583 USD
0.01 %
169.
TOMO/BUSD
281 531 USD
0.01 %
170.
JUV/BUSD
266 307 USD
0.01 %
171.
BAR/BUSD
222 280 USD
0.01 %
172.
BTG/BUSD
214 717 USD
0.01 %
173.
ACM/BUSD
212 074 USD
0.01 %
174.
YFII/BUSD
210 891 USD
0.01 %
175.
BUSD/USDT
186 475 USD
0.01 %
176.
BNB/BUSD
184 695 USD
0.01 %
177.
UNFI/BUSD
158 607 USD
0.00 %
178.
STRAX/BUSD
136 691 USD
0.00 %
179.
CREAM/BUSD
117 716 USD
0.00 %
180.
ETH/BUSD
84 929 USD
0.00 %
181.
WAVES/BUSD
79 961 USD
0.00 %
182.
JST/BUSD
78 922 USD
0.00 %
183.
BNT/BUSD
70 706 USD
0.00 %
184.
LTC/BUSD
69 466 USD
0.00 %
185.
CVP/BUSD
65 864 USD
0.00 %
186.
LINK/BUSD
54 716 USD
0.00 %
187.
BCH/BUSD
28 594 USD
0.00 %
188.
BTC/BUSD
27 495 USD
0.00 %
189.
ETC/BUSD
23 053 USD
0.00 %
190.
MKR/BUSD
20 304 USD
0.00 %
191.
BUSD/INR
19 542 USD
0.00 %
192.
XRP/BUSD
16 325 USD
0.00 %
193.
BUSD/USDT
14 313 USD
0.00 %
194.
BUSD/USDT
13 555 USD
0.00 %
195.
COMP/BUSD
13 291 USD
0.00 %
196.
BTC/BUSD
12 279 USD
0.00 %
197.
BUSD/DAI
11 524 USD
0.00 %
198.
SXP/BUSD
10 773 USD
0.00 %
199.
BUSD/USDT
10 302 USD
0.00 %
200.
OCEAN/BUSD
9 881 USD
0.00 %
201.
DGB/BUSD
9 621 USD
0.00 %
202.
BUSD/BVND
5 564 USD
0.00 %
203.
BUSD/USDT
4 938 USD
0.00 %
204.
BUSD/USDF
4 366 USD
0.00 %
205.
BUSD/USDT
4 043 USD
0.00 %
206.
BNB/BUSD
3 425 USD
0.00 %
207.
BTC/BUSD
2 775 USD
0.00 %
208.
DATA/BUSD
1 967 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.