Binance.US will list new BUSD trading pairs for XRP, BNB, ALGO, and ETH.
Trading for XRP/BUSD, BNB/BUSD, ALGO/BUSD, and ETH/BUSD will open on Thursday, February 27th, 2020, at 9:00pm EST / 6:00pm PST.
Please note: BUSD/USD, BTC/BUSD, ZIL/BUSD trading pairs are already available to trade on Binance.US app, website, and API.
Trading between BUSD and XRP, BNB, ALGO, ETH, ZIL, and BTC, will require users to pass basic verification and advanced verification if users would like to withdraw up to 1M BUSD. Please follow our best practices for going through the verification process.
What is BUSD?
BUSD is a U.S.-regulated price-stable digital asset, fully backed by U.S. dollars 1 for 1. BUSD offers faster ways to fund your trades and is accepted as a medium of exchange, store of value, and method of payment across the global crypto ecosystem.
How do I move funds from USD to BUSD:
Buy Crypto: Easiest Way
Binance.US users can buy BUSD instantly with USD via our Buy Crypto feature on the homepage of Binance.US website. The Buy Crypto feature is a simple and secure way to move from USD into select cryptocurrencies. Users can type in the amount of USD that they want to spend to buy BUSD, confirm the purchase, and the deal is done.
Reminder: You will need to pass USD verification after basic and advanced verification to use USD. To deposit USD, please set up any of the three USD payment methods available: via debit card, ACH, or wire payment. USD deposits have FDIC insurance coverage.
Purchase BUSD directly from Paxos:
BUSD is also available to purchase by depositing USD directly with Paxos, the issuer of BUSD. You will need to set up an account at Paxos.
Binance.US is a fast and secure marketplace providing access and trading across a diverse selection of digital assets. We will continue evaluating coins, tokens and trading pairs to offer on Binance.US in accordance with our Digital Asset Risk Assessment Framework, community feedback, and market demand.
Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk. The volatile and unpredictable nature of the price of cryptocurrencies may result in significant loss. Binance.US is not responsible for any loss that you may incur from price fluctuations when you buy, sell, or hold cryptocurrencies.
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