Binance USD (BUSD), a well-known stable coin or cryptocurrency, is tied to the US dollar. This means that 1 BUSD is always available to buy and sell at 1 USD. Binance USD has been approved by the New York State Department of Financial Services (NYDFS), and now let’s see how do we buy Binance USD
How to buy Binance USD in three easy steps?
Step 1: Choose a cryptocurrency exchange
Step 2: Create an account and select the payment method
Step 3: Buy BUSD
Step 1: Choose a cryptocurrency exchange
Every new potential BUSD buyer will encounter a wide range of cryptocurrency exchanges vying for their business. Choosing the best one is influenced by a variety of criteria, the most essential of which are the number of cryptos listed, deposit methods, ease of use, and 24-hour support.
Step 2: Create an account and select the payment method
Once you’ve decided on a cryptocurrency exchange, you’ll need to create an account and then choose a payment method to finance your account. You must validate your identity once your account is created before you buy BUSD. Most exchanges allow you to buy BUSD via normal payment methods like bank deposits or credit/debit cards.
Step 3: Buy BUSD
After your identity is validated and you have placed funds in your account, you may begin purchasing BUSD. It’s as simple as entering the amount you wish to spend and pressing the buy button. Once that is done, you can withdraw Binance USD to your own wallet.
Also read: BUSD Pricing Prediction
Popular video guides on buying Binance USD (BUSD)
Where to buy Binance USD (BUSD)?
Also read: BUSD Prices Live
1. Coinbase
A popular exchange for buying Binance USD coins is Coinbase. Here, you receive 24-hour customer support and can deposit your money using multiple methods like bank transfer, and credit/debit cards. The fees are also minimalistic, making it suitable for purchasing BUSD coins.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | June 2012 |
| Deposit Methods | Debit Cards, Wire Transfers, Bank Accounts, Paypal, Apple Pay, Google Pay |
| Deposit Fees | 0 - 2.5% depending on the payment method |
| Cryptos Listed | 170 |
| Trading Fees | 1% |
| Fiat Currencies Supported | USD, GBP, EUR |
| Trustworthiness | Safe |
2. Binance
Since Binance has minimal transaction costs, you can easily trade BUSD here. In addition to this, Binance provides multiple trading currencies, which provides crypto traders and investors with several possibilities while trading their cryptocurrencies.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2017 |
| Deposit Methods | Bank Deposit, Cash Balance, Credit/Debit Card, P2P Trading |
| Deposit Fees | Free |
| Cryptos Listed | BNB, XRP, DOGE, USDT, ETH, LTC, ADA, LINK |
| Trading Fees | 0.1% |
| Fiat Currencies Supported | 27 |
| Trustworthiness | Safe |
3. CEX.io
CEX.IO is a digital currency marketplace that allows you to instantly buy, sell, and exchange BUSD. The exchange accepts more than 100 cryptocurrencies, including Bitcoin, Ethereum, and other well-known assets. CEX.io provides a more pleasant and fluid user experience than other alternative exchanges.
Factsheet
| Header 1 | Header 1 |
|---|---|
| Operational Since | 2013 |
| Deposit Methods | Bank Transfer, Cryptocurrency, Credit Card, Faster Payments (FPS), SEPA, SWIFT |
| Deposit Fees | Maker: VISA & Mastercard: 2.99% (USD), (GBP), (EUR), (RUB); Bank transfer: None; Skrill: 3.99% (USD, GBP, EUR); ACH: None; Faster Payments: None |
| Cryptos Listed | 145+ |
| Trading Fees | Maker: 0 - 0.15% and Taker: 0.10 - 0.25% based on the trade volume in 30 days |
| Fiat Currencies Supported | USD, EUR, GBP, RUB |
| Trustworthiness | Safe |
Frequently Asked Questions
Where can you buy Binance USD with a credit or debit card?
You can buy Binance USD using a credit or debit card from exchanges like Binance or Coinbase.
What will you need to buy Binance USD?
To buy Binance USD you will need to create an account on any one of the crypto exchanges and fund it according to your budget.
What is the easiest way to buy Binance USD?
The easiest way to buy Binance USD is to create an account on Binance and use a suitable wallet to store your coins.
Best wallets to store your Binance USD (BUSD)
The best wallets to store Binance USD are Binance Chain Wallet, MetaMask Wallet, SafePal S1, MathWallet, and Trust Wallet.
Related articles to Binance USD
Binance USD Price Prediction | KoinX
Binance USD, also known as BUSD, is a U.S. dollar stablecoin issued by crypto exchange
How to buy Binance USD | Buy Binance USD in three easy steps | KoinX
Our step-by-step guide on how to buy Binance USD (BUSD)
