Binance USD
BUSD
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Learn more about Binance USD
Binance USD (BUSD): A Regulated, Fiat-Backed Stablecoin
Binance USD (BUSD) is a fiat-backed stablecoin issued by Paxos in collaboration with Binance, designed to maintain a 1:1 peg with the US dollar. Unlike algorithmic stablecoins, BUSD’s stability comes from holding equivalent dollar reserves in US-regulated banks, thereby offering transparency and a trustworthy store of value. Its regular audits and adherence to strict regulatory requirements help ensure that each BUSD token in circulation is fully collateralized by actual US dollars, making it one of the most recognized and compliant stablecoins in the crypto market.
Because BUSD is based on both the ERC-20 (Ethereum) and BEP-20 (Binance Smart Chain) standards, users benefit from cross-chain flexibility. This dual compatibility opens up a wide range of applications, including DeFi (Decentralized Finance) protocols, centralized exchanges, and payment solutions. Whether you’re looking to trade with minimal volatility, hedge against cryptocurrency price swings, or quickly move funds between different platforms, BUSD offers a consistent, dollar-pegged option.
Beyond its utility as a trading pair and transactional medium, BUSD is frequently integrated into various yield-generating strategies on DeFi platforms. Users can stake or lend their BUSD to earn interest, effectively treating it as a stable digital savings tool.
How to buy Binance USD in Paraguay?
How to Buy Binance USD (BUSD) on X4T
- Register an Account
- Sign up on our platform and finalize your KYC verification to unlock secure trading features.
- Fund Your Wallet
- Onramp cash or use a bank transfer to acquire USDT/USDC in your X4T Wallet. These stablecoins serve as a gateway to purchasing BUSD.
- Purchase BUSD
- Go to the X4T Trade Page, select Binance USD (BUSD), and enter the amount you’d like to buy. Confirm the transaction to complete your order.
- Store or Withdraw
- Keep BUSD in your X4T Wallet for quick trading or transfer it to recognized platforms like Binance or a hardware wallet, such as Ledger, if you prefer external custody.
For a comprehensive overview of funding methods, trading steps, and account management, explore our central “How to Buy” page. By following these instructions, you can seamlessly integrate Binance USD (BUSD) into your crypto portfolio on X4T.
