Binance USD (BUSD) logo
Binance USD (BUSD) logo

Binance USD (BUSD) Review

Expert Review
Nov 17, 2020

Binance USD (BUSD) is a 1:1 USD-backed stable coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS), The BUSD Monthly Audit Report can be viewed from the official website. Launched on 5 Sep 2019, BUSD aims to meld the stability of the dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.

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User reviews
Stanislaw 9 December 2021

While you are using the exchange, the company milks you a good reward in the form of these coins. At least a good addition for a crypto portfolio if you decide to become a client of binance. I can’t say anything bad.