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