Average Daily Volume
Binance USD is currently ranked number 7 worldwide with a daily trading volume of $11,985,751,301.00, which it will make it super easy for you to sell your holdings of Binance USD.
Market Cap
Binance USD has a total market cap of $16,230,747,033.00.
Community
Binance USD has 2,324 total followers in all its social media accounts.
All Time High
Binance USD is a stable coin. It's price is packed to the US Dollar and only jumps in prices to other fiat currencies.
Price Potential
Stable coins like Binance USD are digital assets pegged to a stable asset such as USD, aimed at reducing volatility. They offer benefits of both traditional fiat currencies and cryptocurrencies.
Overall Score
Stable coins are digital assets pegged to a stable value, usually the US dollar. Pros: reduced volatility, easier to use as a means of payment and store of value. Cons: Centralized nature can lead to potential loss of value and lack of security.
How to buy Binance USD today?
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What Is Binance USD?
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.
