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How to buy Binance USD (BUSD) in Hong Kong

Learn how to buy Binance USD (BUSD) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

Binance USD
BUSD- USD
$1.00
- $0.0013 ( - 0.13%)
STABLECOIN

How to buy Binance USD

1. Compare crypto exchanges

The easiest way to buy Binance USD is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.

2. Create an account

To create an account on an exchange you will need to verify your email address and identity. Have some photo ID and your phone ready.

3. Make a deposit

Once verified, you can deposit $ using the payment method that best suits you – credit card, wire transfer, silvergate exchange network (sen) and signature signet payments are widely accepted.

4. Buy Binance USD

You can now exchange your funds for Binance USD. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Binance USD to your personal wallet.

Where to buy Binance USD in Hong Kong

Find an exchange to buy, sell and trade BUSD by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 6 of 10
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

367
cryptocurrencies

Finder Exclusive: Get 10% discount on your fees when signing up through Finder.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

260
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1068
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 1,000 tokens including derivatives, yield farming and lending products. Eligible countries only.
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

156
cryptocurrencies

Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
AAX Cryptocurrency Exchange
AAX Cryptocurrency Exchange
Alipay, Bank transfer, Cash, Neteller, PayPal, Qiwi, WeChat, Western Union, UPI, IMPS, Paytm, Faster Payments (FPS), PayNow, Swish, Payme, SWIFT
AUD, CAD, CNH, CHF, EUR, GBP, HKD, NZD, SGD, USD

111
cryptocurrencies

Get 50 USDT when you sign up through Finder, make USD 10k+ trades and deposit USD 500 worth of crypto. T&Cs apply.
Make fast transactions including spot, futures and P2P trading with this cryptocurrency exchange.
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Cryptocurrency, Simplex, Banxa, XanPool, MoonPay, Mercuryo, E-check, Legend Trading, Capitual
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP and more

185
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Buy, sell, trade and earn hundreds of cryptos on this full-featured global trading platform.
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Compare up to 4 providers

Steps on how to buy Binance USD

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Binance USD.

  1. Compare cryptocurrency exchanges that supports BUSD.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Binance USD.
  4. Buy Binance USD.
    Complete your Binance USD purchase and then find the best wallet to store BUSD.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Binance USD

BUSD is an attempt at creating a US-dollar-backed stablecoin, but there are differentiators that set it apart from similar USD stablecoins. Make sure you consider the following before purchasing BUSD:
  • Regulation: The token is one of few regulated stablecoins and it complies with all the regulatory framework set out by the NYDFS. This can be seen as both a strength and a restrictive weakness.
  • Centralised: Paxos implements a "Set Law Enforcement Role" that can restrict and control accounts that do not comply with NYDFS requirements. In this sense, the BUSD token is not quite decentralised.
  • Audits: The token is audited by the NYDFS every month to provide transparency for users.

Recent Binance USD developments

March 2022: Volume for BUSD jumped 16% in the first day of March, with the token now accounting for 20% of the stablecoin market share. Much of this spike is due to Ukranian and Russian investors rushing out of fiat currency attempting to avoid the economic impact of the Russia-Ukraine war.

How to sell Binance USD

You can cash out your BUSD with the same exchange you bought it through:

  1. Sign in to the exchange you have BUSD on.
    If you store your Binance USD in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of BUSD you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Binance USD.

Disclaimer: Cryptocurrencies, including Binance USD, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BUSD is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Binance USD or any other cryptocurrency discussed.

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