- #196
Binance-Peg BUSD BUSD
BUSD Price
Market Cap
$369.50 MRank #196FDV
$369.50 MRank #287Investors
X Followers
Detailed Performance
BUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
BUSD to USD Converter
Price History
- All-Time High
- $3.853.84x to ATH
- All-Time Low
- $0.67591.49x to ATL
- Trade Launch Date
- 15 Aug, 2023
465 days ago
Exchanges
Exchanges type
About BUSD
Binance-Peg BUSD is a cryptocurrency token that is pegged to the value of the U.S. dollar. It is issued by Binance, one of the largest cryptocurrency exchanges in the world. The purpose of Binance-Peg BUSD is to provide a stable and reliable digital asset that can be used for trading and transactions within the Binance ecosystem. It is backed by reserves of the U.S. dollar and can be redeemed for fiat currency at a 1:1 ratio.
What makes Binance-Peg BUSD unique?
Binance-Peg BUSD is unique compared to other cryptocurrencies because it is a stablecoin pegged to the value of the U.S. dollar. This means that the value of BUSD remains relatively stable and is not subject to the same volatility as other cryptocurrencies. It is backed by reserves of the U.S. dollar and can be redeemed for the equivalent amount of dollars. This stability makes Binance-Peg BUSD a useful tool for traders and investors who want to mitigate the risks associated with price fluctuations in the crypto market.
Live Binance-Peg BUSD Price Data
The current price of Binance-Peg BUSD (BUSD) is approximately $1.00, reflecting a increase of 0.39% in the last 24 hours. The BUSD trading volume in the last 24 hours stands at $6.84 million. Binance-Peg BUSD's market cap is currently $369.50 million, accounting for about 0.01% of the total crypto market cap. The circulating supply of BUSD is 367.66 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Binance-Peg BUSD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on BUSD, check out our crypto insights page.
Official Links
BUSD to USD Converter
Price History
- All-Time High
- $3.853.84x to ATH
- All-Time Low
- $0.67591.49x to ATL
- Trade Launch Date
- 15 Aug, 2023
465 days ago