BUSD to BTC conversion chart
Binance USD to Bitcoin correlation
BTC and BUSD are not correlated to each other as BTC's value depends on the supply and demand. Whereas, BUSD is a stable coin which is backed by traditional fiats like the dollar and the euro. BUSD’s value remains the same, which is $1 regardless of the market conditions. Hence, BTC and BUSD do not share a strong relationship.
Live BUSD Price Change and Market Cap
Currently, the BUSD price is 0.000023 BTC. According to the Binance USD price chart, the 24-hour change is 50.64%. The total market capitalization of Binance USD is $0 with 0 BUSD in circulation. In the previous 24 hours, the Binance USD price hit highs of 0.00002338 BTC and lows of 0.00002338 BTC.
Binance USD Price Prediction
Binance USD is a stablecoin launched by the Binance Exchange. As the value of BUSD is backed by the US Dollar, the price will not go through any changes. The peg is in the ratio of 1:1 which means that BUSD price will always be equal to $1 in any given time regardless of the market conditions. So, in the short-term and even in the long-run the Binance USD price will remain more or less the same.
BUSD to BTC exchange margin
The closing conversion rate for BUSD to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BUSD to BTC would result in an output of 0.000023 BTC.
How to convert Binance USD to Bitcoin
Binance USD and Bitcoin comparison
Binance USD is a stablecoin issued jointly by Binance and Paxos. BUSD is backed by the US Dollar at a ratio of 1:1 which keeps its value equal to $1 regardless of the market fluctuations. BUSD is an ERC-20 token and approved by the New York State Department of Financial Services (NYDFS).
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Binance USD?
The cryptocurrency industry has come so far that there are many different categories of cryptocurrencies now. Binance USD is one which belongs to the new range called stablecoins. Stablecoins are cryptocurrencies that are backed by a fiat currency or physical assets to maintain their value and avoid volatility. Binance USD was launched by the popular cryptocurrency exchange Binance in 2019. Binance USD was created in collaboration with Paxos, the firm behind Paxos Standard.
Binance USD is a stablecoin and BUSD is its trading ticker. It can be held or traded similarly to other cryptocurrencies. BUSD is pegged to the US Dollar at a ratio of 1:1 which means that the value of 1 BUSD will always be equal to $1 regardless of the market conditions. PAX acts as the custodian for the US Dollars that back the BUSD. Moreover, BUSD is approved by the New York State Department of Financial Services (NYDFS) which adds more credibility to it.
Binance USD to Bitcoin price details
BUSD to BTC Conversion Rate and Price
Currently, the conversion rate for 1 BUSD equals to 0.000023 BTC. The 24-hour highest price of Binance USD in relation to BTC was 0.00002338 BTC and the lowest was 0.00002338 BTC. In short, BUSD price in relation to BTC changed by 50.64%.
Instantly Exchange BUSD to BTC
On ChangeHero you can instantly exchange Binance USD to Bitcoin without signup. You can easily convert BUSD to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BUSD to BTC exchange.
BUSD to BTC Best Rate Exchange
For the the Best Rate exchange of Binance USD to Bitcoin, we search through various exchanges for the BUSD to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the BUSD is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BUSD to BTC.
BUSD to BTC Fixed Rate Conversion
For the the Fixed Rate exchange of Binance USD to Bitcoin, ChangeHero finds a good rate for the pair BUSD to BTC and fix the rate for up to 15 minutes. In the Best Rate exchange of BUSD to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange BUSD to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BUSD to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BUSD to BTC?
No, you do not require an account to swap BUSD to BTC on ChangeHero. There will be no registrations for your Binance USD to Bitcoin transaction.
Do I need to go through KYC procedures for BUSD to BTC exchange?
There will be no KYC for the BUSD to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange BTC to BUSD?
Yes, you can instantly exchange BTC to BUSD on ChangeHero.
