Binance USD is not tradable on Coinbase.

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About Binance USD

Binance USD (BUSD) is a stablecoin running on Ethereum. For stablecoins like BUSD, the company behind the protocol is responsible for holding reserves that fully back each token. The companies behind BUSD, Binance and Paxos, claim that each BUSD token is backed by and corresponds to one dollar held in traditional bank accounts. Note: Coinbase only supports BUSD on the Ethereum blockchain (ERC-20).

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£0.00

Market Stats

Market Cap

Not enough data

FDV

Not enough data

Circ. Supply

1K BUSD

Max Supply

No maximum supply

Total Supply

1K BUSD

Performance

Popularity

#469

Dominance

Not enough data

Volume (24H)

Not enough data

Volume (7D)

Not enough data

Volume (30D)

Not enough data

All time high

Not enough data

Price Change (1Y)

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The current price is £0.00 per BUSD with a 24-hour trading volume of £0.00.

Market details

BUSD vs markets

Not enough data

BUSD vs BTC

Not enough data

BUSD vs ETH

Not enough data

Tags

Network & Addresses

Network
Address

Ethereum

0x4Fabb145d64652a948d72533023f6E7A623C7C53

Avalanche C-Chain

0x19860CCB0A68fd4213aB9D8266F7bBf05A8dDe98

Solana

33fsBLA8djQm82RpHmE3SuVrPGtZBWNYExsEUeKX1HXX

Polygon

0xA8D394fE7380b8cE6145d5f85E6aC22d4E91ACDe

Price history

Time
Price
Change
Today
£0.00
Not enough data
1 Day
Not enough data
0.00%
1 Week
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0.00%
1 Month
Not enough data
0.00%
1 Year
£0.00
0.00%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

FAQ

Binance USD (BUSD) is a recent USD-denominated stablecoin backed by the New York State Department of Financial Services (NYDFS). The platform is launched in collaboration with Paxos and Binance. The network is supported by resources held in traditional currency in dedicated collection accounts at insured U.S. financial institutions.

As per the whitepaper, the protocol aims at transferring currency globally, quickly, and at a low cost on the blockchain. Also, the Binance USD network aims to establish a world-class cryptocurrency exchange platform channeling the future of crypto finance.

The Binance USD seeks to solve the issues of the present crypto exchanges, and those problems are as follows:

Further, BUSD is a new USD-denominated ERC20 stablecoin launched in partnership with Paxos and Binance. BUSD token is utilized for trading crypto on Binance, and it is also used wherever ERC20 tokens are welcomed for commerce, loans, payments, etc. 

Changpeng Zhao, Roger Wang, and James Hofbauer cofounded the  Binance USD platform. Zhao serves as chief executive officer (CEO), Wang works as chief technology officer (CTO), and Hofbauer serves as chief architect. The platform was launched on September 5, 2019. 

We update our Binance USD to GBP currency in real-time. Get the live price of Binance USD on Coinbase.

Assets that have a similar market cap to Binance USD include Status, Irys, 0G, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Binance USD is 1 thousand.

Binance USD ranks 187 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Social stats

Popularity in posts

#1061

Contributors

25

Posts

36

% About Binance USD

0.006%

Articles

0

X (Twitter)

24% bullish

Sentiment

4.4 ★

Highlights

25 unique individuals are talking about Binance USD and it is ranked #1,061 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Binance USD has an average sentiment score of 4.4 out of 5. Finally, Binance USD is becoming less newsworthy, with 0 news articles published about Binance USD.

On Twitter, people are mostly neutral about Binance USD. There were 26.09% of tweets with bullish sentiment compared to 8.7% of tweets with a bearish sentiment about Binance USD. 73.91% of tweets were neutral about Binance USD. These sentiments are based on 25 tweets.

On Reddit, Binance USD was mentioned in 5 Reddit posts and there were 11 comments about Binance USD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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