How does Tether compare to other USD stablecoins like BUSD?
A post by Lisa Cantin
To buy Chainlink using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the LINK/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the LINK/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Chainlink. If the LINK/BUSD pair is unavailable, you can first exchange Binance-Peg BUSD for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Chainlink. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Chainlink for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the LINK/BUSD trading pair. Create an account, verify your identity, and deposit your LINK into your exchange wallet. Locate the LINK/BUSD pair on the trading platform and place a sell order to exchange your Chainlink for Binance-Peg BUSD. If the LINK/BUSD pair is unavailable, you can first sell Chainlink for a stablecoin like Tether (USDT) or a fiat currency, then trade that for Binance-Peg BUSD. Be mindful of potential exchange fees, which vary by platform and can affect the total amount you receive.
A post by Lisa Cantin
Tether, the leading stablecoin issuer, has significantly increased its market dominance following the...