What is the current price of BUSD on Coinbase?
Emery SomervilleNov 28, 2021 · 3 years ago3 answers
Can you tell me the current price of BUSD on Coinbase? I'm interested in knowing the latest value of BUSD on this popular cryptocurrency exchange.
3 answers
- Nov 28, 2021 · 3 years agoSure! The current price of BUSD on Coinbase is $1.00. This stablecoin is pegged to the value of the US dollar, so it maintains a 1:1 ratio with USD. It's a popular choice for traders and investors looking for stability in the volatile cryptocurrency market.
- Nov 28, 2021 · 3 years agoThe current price of BUSD on Coinbase is $1.00. It's important to note that the price of BUSD can fluctuate slightly due to market conditions, but it generally stays very close to its pegged value of $1.00. This makes it a reliable option for those who want to hold a cryptocurrency with a stable value.
- Nov 28, 2021 · 3 years agoAccording to the latest data, BUSD is currently trading at $1.00 on Coinbase. It's worth mentioning that BUSD is issued by Binance, one of the leading cryptocurrency exchanges. It's designed to provide users with a stable and secure digital asset that can be used for various purposes, such as trading, remittances, and payments. With its 1:1 peg to the US dollar, BUSD offers a convenient way to store and transfer value in the crypto world.
Related Tags
Hot Questions
- 98
How does cryptocurrency affect my tax return?
- 90
What is the future of blockchain technology?
- 84
What are the advantages of using cryptocurrency for online transactions?
- 63
How can I minimize my tax liability when dealing with cryptocurrencies?
- 53
How can I buy Bitcoin with a credit card?
- 40
What are the best practices for reporting cryptocurrency on my taxes?
- 32
Are there any special tax rules for crypto investors?
- 11
What are the best digital currencies to invest in right now?