BINANCE USD (BUSD) | ZENCOINLIST

Frequently Asked Questions​

BUSD is built on top of the revolutionary and cryptographically secure open blockchain technologies and adheres to strict security and global government laws and regulations.

All BUSD tokens are pegged at 1-to-1 with a matching fiat currency (e.g., 1 BUSD = 1 USD) and are backed 100% by BUSD reserves. As a fully transparent company, we publish a daily record of our bank balances and the value of our reserves.

BUSD tokens can be securely stored, sent and received across the blockchain and are redeemable for cash (the underlying pegged asset) pursuant to Tether Limited’s terms of service.

We want to make BUSD tokens usable everywhere where you can use digital currency and in many places where digital currencies is not currently accepted.

Yes. BUSD platform is built to be transparent at all times. All BUSD tokens are backed 100% by BUSD reserves.

Just like with BUSD, there are no fees associated with creating or redeeming BUSD.