Binance USD (BUSD) One Day Volume Hits $6.67 Billion

Binance USD (BUSD) traded up 0.1% against the dollar during the 24 hour period ending at 19:00 PM E.T. on November 24th. Binance USD has a market cap of $22.87 billion and $6.67 billion worth of Binance USD was traded on exchanges in the last day. During the last seven days, Binance USD has traded up 0% against the dollar. One Binance USD token can now be bought for about $1.00 or 0.00006032 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 23.2% against the dollar and now trades at $0.32 or 0.00001945 BTC.
  • Aidi Finance (BSC) (AIDI) traded 8.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0456 or 0.00000275 BTC.
  • CareCoin (CARES) traded up 1.6% against the dollar and now trades at $0.0566 or 0.00000341 BTC.
  • OmniaVerse (OMNIA) traded 3.6% higher 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 1.6% higher 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 up 1.6% against the dollar and now trades at $4,916.09 or 0.29641368 BTC.

Binance USD Profile

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

Buying and Selling Binance USD

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

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