Added a new currency — BUSD on the BEP-20 network
Crybex team continues to expand the list of available currencies for exchange. Today we added BUSD to the list of currencies on the BEP-20 network.
Binance USD (BUSD) is a regulated steblecoin that is denominated in US dollars. BUSD was created in partnership between Binance and Paxos, the largest and most trusted companies in the cryptospace.
BUSD is different from other fiat-stablecoins in that the coin is regulated and is disinclined to jump on the crypto market.
BUSD is one of the most popular stablecoins on the market along with USDT and USDC, and is definitely a great option for investors who want to try their hand at selling cryptocurrencies.
The main advantage of BUSD, compared to USDT (Tether‘s stabelcoin), is the transparency of audits. This means that users of BUSD can be sure that every BUSD issued by the company is backed by fiat currency in the accounts of American banks.
BUSD & Crybex
BUSD is now available to buy / exchange on our platform. You can exchange BUSD for cash in most European countries, as well as other cryptocurrencies.
We look forward to your comments on the forums: