Review on Binance USD by Robiul Islam
USD-backed crypto stablecoin.
The stable market is now quite impregnated. There is a whole host of equally attractive dollar back options supported by exchanges, trusts and banks. There are a number of decentralized forms that drive market risk.
Should it be considered?
It offers several advantages over other coins such as fully regulated stablecoins with its improved transparency. It also has price stability, is fully secured and monitored monthly, has scalability and is fully supported by the CZ ecosystem, it almost guarantees its continued growth and acceptance.
Pros
- A zero manufacturer fee promotion.
- It can be deposited for interest of more than 15% per year.
- It can be used as collateral to take borrow in margin trading.
- Users can instantly convert BUSD from several other stable ones on a 1: 1 basis and free of charge.
- It has many benefits for the financial industry.
Cons
- No real concerns, the growth and momentum has been pretty remarkable.
