Category: busd
Binance Announces End of Support for BUSD Stablecoin By February 2024 – Switch to FDUSD or USDT
/ | Leave a CommentIn a recent and noteworthy development in the cryptocurrency world, Binance, one of the globe’s most prominent cryptocurrency exchanges, has declared its intention to cease support for the Binance USD (BUSD) stablecoin by February 2024. This decision follows closely on the heels of Paxos’ decision to halt the production of new BUSD coins, marking a […]
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What is BTC/USD and Who are the best brokers to trade BTC/USD
/ | Leave a CommentThe BTC/USD pair represents the trading relationship between Bitcoin (BTC), the world’s most popular cryptocurrency, and the United States Dollar (USD), the global reserve currency. Trading BTC/USD involves speculating on the price movements of Bitcoin against the US Dollar. Bitcoin has gained significant attention and adoption over the years, making it a widely traded digital […]
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What is BNB (Binance Coin) and how to buy it?
/ | Leave a CommentBNB (Binance Coin) stands out as a unique cryptocurrency, born from the innovative minds at Binance, a powerhouse in the realm of cryptocurrency exchanges. Its inception took place in July 2017, and since then, BNB has played a pivotal role in the dynamic Binance ecosystem. By virtue of its multi-faceted nature, BNB extends a plethora […]
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What is BUSD (Binance USD) and Why it is called a stable coin?
/ | Leave a CommentBUSD (Binance USD) is a stablecoin that was introduced by Binance, one of the world’s largest cryptocurrency exchanges, in partnership with Paxos. It was launched in September 2019 to provide users with a stable and reliable digital asset that is backed by the U.S. dollar. What is the all-time low for BUSD (Binance USD) Cryptocurrency […]
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