Binance Opens New BUSD Fiat Gateway and Will List BUSD

Fellow Binancians,

Binance has enabled BUSD purchases through Paxos integration and is now available on our Buy & Sell Crypto page. Users can sign up and begin using this service now.

Additionally, Binance will list Binance USD (BUSD) and open trading for BNB/BUSD and BTC/BUSD trading pairs at 2019/09/19 10:00 AM (UTC).

BUSD Listing Fee: 0 BNB.

What is BUSD?

Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.

The contract address for BUSD can be found here https://etherscan.io/token/0x4Fabb145d64652a948d72533023f6E7A623C7C53

Details:

Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Thanks for your support!

Binance Team

2019/09/17

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