This week, the BUSD crypto asset will be listed on Indodax. Open deposit will start on 12 August 2021 at 14:00 WIB and open trading will start on 13 August 2021 also at 14:00 WIB.
Still confused? Don’t worry, because, before buying, it is important for you to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share and you can read this article to get to know more about crypto assets listed on Indodax!
What is BUSD?
Binance USD is a USD-backed 1:1 Stable Coin issued by Binance (in partnership with Paxos), Approved and regulated by the New York State Department of Financial Services (NYDFS). Launched on 5 Sep 2019, with the aim of combining dollar with blockchain technology. It is a digital fiat currency, issued as ERC-20 and supports BEP-2.
By price, Stablecoins play an important role in transactions, payments and payments, and Decentralized Finance (DeFi).
BUSD Crypto Asset
The trading volume of BUSD in the last 24 hours was $5,114,824,563 USD, prior to listing on Indodax. CoinMarketCap is currently #11, with an immediate market cap rating of $12,159,755,272 USD. BUSD has an outstanding supply of 12,160,338,143 BUSD and max. supply is not available.
How to Buy BUSD Crypto Assets on Indodax
For those of you who want to buy BUSD crypto assets, you can use them on Indodax starting 12 August at 14:00 WIB. Here’s how to buy BUSD:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can go back to the market
- Look for BUSD in the Rupiah market then click
- After entering, all you have to do is buy by filling in the balance and at what price you want to buy BUSD. You can also instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell at a higher price with the instant method
- If you selling with the limit method, you can place an order after buying. Make sure you enter a higher number when selling.
