BUSD is a stablecoin provided by the cryptocurrency trading platform giant Binance. Binance issues BUSD backed by fiat USD in 1:1 ratio in a partnership with NewYork regulated financial institution Paxos. BUSD stands out with its US-regulated financial foundation. Since its creation in 2019, BUSD gained ground faster than other stablecoins.
With a total market cap of over $7.61 billion, Binance USD is the No. 11 cryptocurrency by market size. The currency symbol for Binance USD is BUSD. The total supply of Binance USD is 7.61 billion coins.
We found savings accounts offering up to 12.3% APY on Binance USD deposits and loans as low as 4.5% APR against Binance USD used as collateral. Check out our Binance USD staking yields table and Binance USD loan rates table for further details.
The technical price analysis for Binance USD below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Binance USD.
QCan you get a Binance USD loan without collateral?
AAlmost all Binance USD loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Binance USD flash loans which allow you to borrow uncollateralised Binance USD for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Binance USD loans on the Binance USD Loans tab.