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Binance.US Lists USDC for Deposits, Allows Users to Convert to BUSD

Written byRajpalsinh Parmar
Edited by Niharika Deshpande
March 5, 2020
in Cryptocurrency Exchange News
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Binance.US has listed USDC for deposits on Wednesday at 6 in the morning, said reports. After depositing, users will be able to convert to BUSD effortlessly and trade or hold BUSD. 

Earlier this year in February, Binance.US had listed Zilliqa (ZIL) virtual currency at its valued platform. It is worth noting that Binance.US has 30 cryptocurrencies already added to its network.

According to reports, with the “Buy Crypto” option on the website, users can explore conversions.  

The trading for USDC/BUSD reportedly began on March 4, 2020, at 6 in the morning and lasted till 9 in the morning.

It is important to note that the following pairs are already accessible for trading on Binance.US website, app, and API:

BTC/BUSD, BUSD/USD, ETH/BUSD, XRP/BUSD, BNB/BUSD, ZIL/BUSD, and ALGO/BUSD.

BUSD and USDC:

BUSD can be described as the US-controlled stable digital coin. It has the complete support of US Dollar 1 for 1. BUSD provides swift options to fund your trades.  Meanwhile, USDC has emerged as a smooth and stable digital asset. It was issued by Centre and has the complete support of US Dollars 1:1.

Binance.US has emerged a safe, swift, and secure marketplace. It has carved its identity as the highly acclaimed sister concern of popular cryptocurrency exchange Binance.

It offers fast trading in a vast range of digital coins. The exchange has been continuously assessing tokens, coins, and trading pairs to provide on Binance.US in agreement with its Digital Asset Risk Assessment Framework and demand in the market.

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Rajpalsinh Parmar

Rajpalsinh Parmar

Rajpalsinh Parmar is a crypto journalist at NameCoinNews with three years of experience covering the fast-moving world of Web3, NFTs, and blockchain technology. He tracks everything from NFT market cycles and metaverse platform developments to altcoin project launches and DeFi innovations. Rajpalsinh has a particular focus on emerging blockchain ecosystems and the convergence of gaming, culture, and decentralized technology. His reporting keeps a close eye on builder activity, tokenomics, and protocol-level changes that shape long-term market narratives.

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