LucyStone
Mon Oct 21 2024
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6 answers
1834
Is Binance USD legit?
The user wants to know if Binance USD (BUSD) is legitimate. They are seeking information on the legitimacy and reliability of BUSD as a stablecoin offered by Binance, possibly for use in cryptocurrency transactions or other financial activities.
Maria
Sat Oct 19 2024
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7 answers
1311
What is the Binance USD currency?
I'm curious about the Binance USD currency. I've been hearing a lot about it recently and I want to understand what it is, how it works, and its significance in the cryptocurrency market.
BlockchainVisionary
Fri Oct 18 2024
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5 answers
848
What is the difference between USDT and Binance USD?
I want to understand the distinction between USDT and Binance USD. I'm curious about their unique characteristics, if there are any, and how they differ from each other in terms of their usage and functions in the cryptocurrency market.
Dario
Fri Oct 11 2024
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5 answers
758
When was Binance USD launched?
The user wants to know the launch date of Binance USD, which is a stablecoin issued by Binance, a leading cryptocurrency exchange. The specific date of its launch would provide insight into the timeline of Binance USD's availability in the market.
Stefano
Wed Oct 09 2024
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5 answers
893
How does Binance USD work?
Binance USD (BUSD) is a stablecoin issued by Binance, pegged to the US Dollar at a 1:1 ratio. It works through a reserve mechanism, backing each BUSD with a corresponding USD held in reserve. BUSD provides users with a cryptocurrency that maintains a stable value, facilitating transactions and reducing volatility risks.
