Binance USD BUSD The live Binance USD price today is IDR 14,322.28889 with a 24-hour trading volume of IDR 104,601,586,470,000. We update our BUSD to price in real-time. Binance USD is 0.0297304% in the last 24 hours. The current ranking is #7, with a live market cap of IDR 36,363,883,200,000. It has a circulating supply of 2,538,970,000 BUSD coins and a max. supply of 0 BUSD coins.
If you would like to know where to buy Binance USD , the top cryptocurrency exchanges for trading in Binance USD stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.
"Binance USD (BUSD) is a stablecoin running on Ethereum. For stablecoins like BUSD, the company behind the protocol is responsible for holding reserves that fully back each token. The companies behind BUSD, Binance and Paxos, claim that each BUSD token is backed by and corresponds to one dollar held in traditional bank accounts. Note: Coinbase only supports BUSD on the Ethereum blockchain (ERC-20)."
The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Binance USD (BUSD). Technically you can combine several indicators to get the right formula for determining the entry point Binance USD. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.
Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Binance USD can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Binance USD can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Binance USD. So make sure you have analyzed these factors before starting to trade.
In addition to entry points, you should also know when is the best time to sell Binance USD. So when is the right time? the following are brief tips.
Those are some brief tips that you can use as parameters in buying or selling Binance USD, of course, besides that there are many other indicators that you can use to trade/invest.