Cryptocurrencies are volatile, which allows you to make good money on the exchange rate difference and makes this financial instrument attractive for long-term investments, but makes it difficult to use for everyday payments. After all, it is never possible to accurately predict what the rate of bitcoin or ether will be tomorrow, and even more so in a few months or a year. What's the point of buying a car for 1 BTC today, if in five years you can buy a whole fleet for one coin. And on the other hand, digital currencies can not only rise in price over time, but also become cheaper, as it was during the crypto winter, literally two years ago. And what to do? Every time to transfer capital to fiat, and then, and then buy the crypt again? It's expensive and inconvenient, but there is a way out.

The owners of the crypt can fix profits or insure against losses by staying on the blockchain. You just need to convert an ordinary crypt into stable digital coins backed by traditional assets, for example, American dollars or gold. Sometimes the role of a collateral asset is played by top cryptocurrencies Bitcoin and Ethereum.

BUSD stablecoin provides the freedom of money movement between the blockchain and the traditional financial system. By the way, this is not the first stable asset issued by Binance. Stablecoins linked to the British pound sterling (BGBP) and digital gold, that is, backed by bitcoins (BTCB), are already traded on the exchange.

There are three ways to purchase a stable digital currency BUSD.

Exchange for fiat money on the Binance platform or on the Paxos website. The Exchange accepts 70 national currencies for payment. The Paxos service accepts only US dollars or Pax stablecoins. Both sites require registration and identity verification. You can transfer money from a bank card. Exchange clients can pre-deposit money to a fiat deposit, and then buy a BUSD crypt or use the services of Mercuryo, Simplex or BANXA services. In addition, there is a P2P section on the binance, where it is possible to pay via QIWI, Sberbank or Tinkoff directly to the counterparty.
Use the service of instant conversion of crypto assets on the Binance exchange or in the interface of the Trust Wallet wallet. 30 virtual coins are supported, including BTC, ETH, Doge, Pax, Usdt. In this case, the exchange does not require KYC, and through Trust Wallet, you can make an exchange absolutely confidentially.
Exchange for one of 120 cryptocurrencies on the Binance spot platform. Create an account, transfer your virtual coins to an exchange deposit and start trading. You will find the BUSD coin in the FIAT column. Trading with leverage is supported, the order creator (maker) does not pay a trade fee.
In addition to Binance, the digital BUSD token is traded on several other platforms. Among them it is worth noting Poloniex and P2PB2B. The full list is available on the coingesko monitoring service.