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

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.

Richard Lee: Richard Lee is a regular contributor, who curates in-depth news stories and analysis about the cryptocurrency and blockchain space. He primarily covers latest happenings of US cryptocurrency market. He contributes to a number of well-known industry magazines and news sites before getting into NameCoinNews. He has strong skills in technical analysis of cryptocurrencies.