BUSD to ETH conversion chart
Binance USD to Ethereum correlation
ETH and BUSD are not correlated to each other as ETH’s value depends on supply and demand. Whereas, BUSD is a stablecoin that is backed by traditional fiats like the dollar and the euro. BUSD’s value remains the same, which is $1 regardless of the market conditions. Hence, ETH and BUSD do not share a strong relationship.
Live BUSD Price Change and Market Cap
Currently, the BUSD price is 0.000695 ETH. According to the Binance USD price chart, the 24-hour change is 58.49%. The total market capitalization of Binance USD is $0 with 0 BUSD in circulation. In the previous 24 hours, the Binance USD price hit highs of 0.0006958 ETH and lows of 0.0006857 ETH.
Binance USD Price Prediction
Binance USD is a stablecoin launched by the Binance Exchange. As the value of BUSD is backed by the US Dollar, the price will not go through any changes. The peg is in the ratio of 1:1 which means that BUSD price will always be equal to $1 in any given time regardless of the market conditions. So, in the short-term and even in the long-run the Binance USD price will remain more or less the same.
BUSD to ETH exchange margin
The closing conversion rate for BUSD to ETH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BUSD to ETH would result in an output of 0.000695 ETH.
How to convert Binance USD to Ethereum
Binance USD and Ethereum comparison
Binance USD is a stablecoin issued jointly by Binance and Paxos. BUSD is backed by the US Dollar at a ratio of 1:1 which keeps its value equal to $1 regardless of the market fluctuations. BUSD is an ERC-20 token approved by the New York State Department of Financial Services (NYDFS).
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For starters, smart contracts are pieces of code that automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum Blockchain.
What is Binance USD?
The cryptocurrency industry has come so far that there are many different categories of cryptocurrencies now. Binance USD is one which belongs to the new range called stablecoins. Stablecoins are cryptocurrencies that are backed by a fiat currency or physical assets to maintain their value and avoid volatility. Binance USD was launched by the popular cryptocurrency exchange Binance in 2019. Binance USD was created in collaboration with Paxos, the firm behind Paxos Standard.
Binance USD is a stablecoin and BUSD is its trading ticker. It can be held or traded similarly to other cryptocurrencies. BUSD is pegged to the US Dollar at a ratio of 1:1 which means that the value of 1 BUSD will always be equal to $1 regardless of the market conditions. PAX acts as the custodian for the US Dollars that back the BUSD. Moreover, BUSD is approved by the New York State Department of Financial Services (NYDFS) which adds more credibility to it.
Binance USD to Ethereum price details
BUSD to ETH Conversion Rate and Price
Currently, the conversion rate for 1 BUSD equals to 0.000695 ETH. The 24-hour highest price of Binance USD in relation to ETH was 0.0006958 ETH and the lowest was 0.0006857 ETH. In short, BUSD price in relation to ETH changed by 58.49%.
Instantly Exchange BUSD to ETH
On ChangeHero you can instantly exchange Binance USD to Ethereum without signup. You can easily convert BUSD to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your BUSD to ETH exchange.
BUSD to ETH Best Rate Exchange
For the Best Rate exchange of Binance USD to Ethereum, we search through various exchanges for the BUSD to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the BUSD is deposited, the exchange will be automatically processed. We remind you that the final amount of Ethereum you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BUSD to ETH.
BUSD to ETH Fixed Rate Conversion
For Fixed Rate exchange of Binance USD to Ethereum, ChangeHero finds a good rate for the pair BUSD to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of BUSD to ETH, you will receive the exact amount of ETH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETH address. ChangeHero is the best place to exchange BUSD to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BUSD to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BUSD to ETH?
No, you do not require an account to swap BUSD to ETH on ChangeHero. There will be no registrations for your Binance USD to Ethereum transaction.
Do I need to go through KYC procedures for BUSD to ETH exchange?
There will be no KYC for the BUSD to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ETH to BUSD?
Yes, you can instantly exchange ETH to BUSD on ChangeHero.
Buy and sell Ethereum
Are you looking to buy Ethereum? Now, on ChangeHero you can buy ETH with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
