Binance USD Achieves Market Capitalization of $22.85 Billion (BUSD)

Binance USD (BUSD) traded 0.1% lower against the US dollar during the 1-day period ending at 23:00 PM ET on November 24th. Over the last week, Binance USD has traded 0% lower against the US dollar. Binance USD has a market capitalization of $22.85 billion and approximately $6.01 billion worth of Binance USD was traded on exchanges in the last day. One Binance USD token can currently be purchased for approximately $1.00 or 0.00006065 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 11.3% lower against the dollar and now trades at $0.38 or 0.00002275 BTC.
  • Aidi Finance (BSC) (AIDI) traded 7.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded up 1.6% against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded up 6.2% against the dollar and now trades at $0.0012 or 0.00000007 BTC.
  • 2G Carbon Coin (2GCC) traded up 3% against the dollar and now trades at $1,436.69 or 0.08662447 BTC.
  • Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $80.13 or 0.00483120 BTC.
  • Lunar (LNR) traded up 3.1% against the dollar and now trades at $0.0602 or 0.00000363 BTC.
  • Hokkaidu Inu (HOKK) traded down 15.4% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
  • QANplatform (QANX) traded 1.6% higher against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

Binance USD Profile

Binance USD was first traded on September 10th, 2019. Binance USD’s total supply is 22,852,212,660 tokens. Binance USD’s official message board is coinmarketcap.com/community/profile/busd. Binance USD’s official Twitter account is @binance and its Facebook page is accessible here. The official website for Binance USD is www.binance.com/en/busd.

According to CryptoCompare, “Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.As of September 12, 2019, BUSD has been available on the Paxos platform for direct purchase and redemption 1:1 for U.S. dollars or PAX, and on Binance.com for trading initially against BTC, BNB, XRP and more to come.”

Binance USD Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Binance USD directly using U.S. dollars. Investors seeking to trade Binance USD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Binance USD using one of the exchanges listed above.

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