How does Tether compare to other USD stablecoins like BUSD?
A post by Lisa Cantin
To buy Hedera using Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the HBAR/BUSD trading pair. Create an account, verify your identity, and deposit your BUSD into your exchange wallet. Locate the HBAR/BUSD pair on the trading platform and place an order to exchange your Binance-Peg BUSD for Hedera. If the HBAR/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 Hedera. Be mindful of potential exchange fees, which vary by platform and can affect the total cost of your transaction.
To sell Hedera for Binance-Peg BUSD, first, find a cryptocurrency exchange that supports the HBAR/BUSD trading pair. Create an account, verify your identity, and deposit your HBAR into your exchange wallet. Locate the HBAR/BUSD pair on the trading platform and place a sell order to exchange your Hedera for Binance-Peg BUSD. If the HBAR/BUSD pair is unavailable, you can first sell Hedera 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...