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Buy Binance USD (BUSD)

BUSD

24H Change
24H Volume
Global Rank
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Market Cap

Binance USD Price

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About Binance USD (BUSD)

Binance USD (BUSD) is a stablecoin pegged to the US dollar. The coin is issued by Binance, partnered with Paxos trust company. Paxos is a financial system blockchain responsible for Pax Gold (PAXG), a digital currency that mirrors and is backed by physical gold. BUSD is approved by the New York State Department of Financial Services (NYDFS).

Binance USD is backed by a reserve of assets comprising US treasury debt, securities and cash deposits. A monthly breakdown of the reserve can be found on the Binance website.

To buy Binance USD (BUSD), sign up with Swyftx for a free trading account.

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How to Buy Binance USD (BUSD) in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy BUSD

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Binance USD FAQs

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Where is the best place to buy Binance USD?

The best place to buy Binance USD is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Binance USD and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchange as per our TrustPilot reviews.

How is the price of Binance USD determined?

The price of Binance USD is determined by the forces of supply and demand in the market. Similar to other assets, the price of Binance USD is determined by the number of buyers and sellers in the market at any given time.

Some significant factors that can influence the demand for Binance USD are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Binance USD with credit card?

Swyftx does not allow you to directly buy Binance USD with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Binance USD instantly.

Top Traded Assets on Swyftx

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Period: Last 24 hours (AUD)

BUSD Buys and Sells

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This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.