BUSD, or Binance USD, is a stablecoin historically associated with Paxos and Binance. Issuance of new tokens has been halted, so checking its price also means checking whether it can still be sold or redeemed. A value close to its dollar peg proves neither a platform’s liquidity nor immediate access to a bank account. Here is how to read the BUSD price charts and tell the different versions of the token apart.
BUSD Price: Check the Currency Before the Change
BUSD/USD: The Dollar Benchmark
This chart shows the BUSD price in US dollars. Compare the date of the data, the source and the markets still available. A displayed price may come from a limited number of trades. Before inferring an exit price, look at the offers actually available for the amount you hold and the fees charged.
BUSD/EUR: Exchange Rates Come Into Play
A dollar-pegged stablecoin can move in euros even though its peg mechanism has not changed. The exchange rate between the two currencies explains part of this difference. To assess the result of a past holding, compare values expressed in the same currency and take into account the conversions made on entry and exit.
BUSD/BTC and BUSD/BRL: Two Separate Comparisons (Indicative Conversion)
This curve uses the Bitcoin reference rate loaded when the page is displayed to convert dollar observations. This indicative conversion does not reconstruct the pair’s historical prices on an exchange.
The pair with Bitcoin measures value relative to that asset. Its movement does not directly show BUSD’s stability against the dollar; it may mainly reflect a move in Bitcoin. Also check the quote direction and the axis unit before comparing this curve with a currency chart.
BRL stands for the Brazilian real. This last quote therefore adds another currency exposure; it does not represent a second stablecoin called “BRL Coin”. These references help you understand conversions and do not indicate any return.
Why Paxos Stopped Issuing BUSD
In its February 2023 press release, Paxos announced the end of its relationship with Binance for this product and a halt to new issuance, effective February 21, 2023. The decision followed an order from the New York State financial regulator. It did not mean that all tokens already held would disappear from wallets.
The press release mentioned support “at least” until February 2024. It would be wrong to turn this historical statement into a definite closing date for all redemption options. The current product page on Paxos still mentions redemption in dollars or conversion to USDP, subject to what your account allows.
BUSD on Ethereum vs Binance-Peg BUSD: Don’t Confuse Them
The New York regulator’s notice distinguishes BUSD issued by Paxos on Ethereum from Binance-Peg BUSD. The latter is not issued by Paxos and is not covered by the same authorization. A similar name is therefore not enough to attribute to the token you hold the rights or procedures associated with another version.
| Situation | Key check | Mistake to avoid |
|---|---|---|
| Native Ethereum BUSD | Issuance, network and account eligibility | Assuming immediate anonymous redemption |
| Binance-Peg or another wrapped version | Issuer and applicable conversion path | Sending it directly to an incompatible recipient |
| Balance held with an intermediary | Asset actually held and withdrawals open | Confusing a displayed balance with external availability |
Our definition of stablecoins explains why the stated backing, the technical network and the redemption terms should be examined separately.
Redeem With the Issuer or Sell on a Market?
Paxos’s current redemption documentation limits its procedure to native ERC-20 BUSD on Ethereum and to eligible customers who have completed the required checks. It notably excludes wrapped versions and those on BNB Smart Chain. An incompatible deposit can result in a loss, so check the version before doing anything.
The documentation also states that BUSD withdrawals from Paxos are no longer supported. Depositing an accepted asset, having it credited to your account and then withdrawing dollars to a bank are separate steps. Blockchain confirmations, account review and banking hours can explain delays. Don’t confuse a transaction confirmed on the network with dollars arriving at your bank.
A sale on another platform follows that platform’s order book or liquidity mechanism and may produce a different amount from what you would expect from redemption with the issuer. Ask about the terms available on the account concerned; an old offer found through a search engine does not confirm that a service is still available.
How to Check Reserves and Discontinued Services
Paxos’s transparency information sets out its reserves and their independent attestation. For a document concerning BUSD, check its date, the asset covered and the period reviewed. A historical report describes a situation at a given date; it does not prove the price achievable today on every platform.
In 2023, Binance announced the gradual phase-out of its BUSD products, with different timelines for different services. Any old description of loans, rewards or available pairs should therefore be checked before being relied on. To compare how they work, our page on USDC covers another stablecoin; this is not a recommendation to convert.
Mistakes to Avoid
- Confusing BUSD with BNB, whose uses and mechanisms differ.
- Presenting the end of issuance as the erasure of all tokens.
- Promising a gain in euros because the peg is in dollars.
- Sending a Binance-Peg version to a procedure reserved for the native Ethereum token.
- Treating an old yield offer as a service that is still open.
Conclusion
The BUSD price should be read alongside its issuance history and exit conditions. First identify the version you hold, then distinguish between redemption, sale and bank transfer. Charts provide reference points; only the services actually available to you and their terms let you assess a possible transaction.
How to Buy BUSD in 2026: Step by Step
- Choose a regulated platform (a platform registered as a PSAN with the French AMF); compare options in our broker and platform comparison;
- Verify your identity (KYC): ID document and proof of address;
- Deposit euros by SEPA transfer (minimal fees) or card;
- Place a limit order on the BUSD/EUR pair: you set the maximum purchase price instead of buying at market;
- Secure your holdings: for significant amounts, transfer to a personal wallet whose recovery phrase stays offline.
To understand the full picture before investing, see our guide to cryptocurrencies and the fundamentals of trading.
Diversifiez votre patrimoineInvestissez dans l’artDes tableaux originaux, pièces uniques signées par l’artiste. Un actif tangible, loin des écrans et des cotations.Voir les tableaux →Risks Specific to Crypto Assets
Extreme volatility (drawdowns of 70-90% documented in previous cycles), liquidity that varies by platform, constantly changing regulatory risk (MiCA in Europe), and the risk of total loss on small-cap projects. The rule: only invest what you can afford to lose entirely, and size your position accordingly.
Sector Analysis and Positioning
Every security belongs to a sector with its own cycles: technology and healthcare reward growth, finance and energy reward dividends, and industry depends on order books. Three questions help place a company within its sector: what is its lasting competitive advantage (brand, patent, network, cost)? What market share does it hold, and which way is it moving? Is the sector in structural growth or decline? A strong company in a declining sector remains a risky investment; an average company in a growing sector can outperform. Always cross-check this with the stage of the cycle: cyclical stocks (automotive, luxury, materials) offer the best opportunities early in the cycle and the worst late in the cycle.
Dividends and Shareholder Policy
A dividend is a cash flow paid to shareholders, decided at the general meeting on the board’s proposal. Three indicators help assess it: the yield (annual dividend / share price); the payout ratio (share of net profit paid out; above 80%, sustainability becomes doubtful); and consistency (a dividend cut almost always signals difficulties). Beware of abnormally high yields (>10%): the market often anticipates an upcoming cut in the payout. To learn more, see our guide to dividends.
Strengths, Risks and Points to Watch
Strengths to document: market position, recurring cash flow generation, controlled debt (net debt / EBITDA below 2-3 depending on the sector), quality of management. Risks to monitor: customer or geographic concentration, technological dependence, exposure to exchange rates, ongoing litigation, family governance or a dominant controlling shareholder. Good practice: write your investment thesis in three lines (why I am buying, what would confirm the thesis, what would invalidate it) and reread it at every earnings release.
Classic Retail Investor Mistakes
Behavioral studies consistently document the same costly biases. Anchoring: clinging to your purchase price as a reference (“I’ll sell when it gets back to my level”), even though the market completely ignores that price. Loss aversion: selling winners too quickly and holding losers too long, the opposite of rational discipline. Confirmation bias: only reading analyses that support the position you already hold. Herd behavior: buying what everyone is talking about, and therefore often at the worst time. The antidote comes down to three practices: a written thesis at purchase (reread at every earnings release), selling rules defined before emotions kick in, and a mistake log in which every bad decision is recorded with its real cause, not the convenient one.
Tax and Account Types in France: PEA or Securities Account
There are two account types for holding shares in France. The PEA: a €150,000 contribution cap and eligibility limited to European securities, but after 5 years of holding, capital gains are exempt from income tax (only the 17.2% social charges remain due); dividends are reinvested tax-free as long as they are not withdrawn. The ordinary securities account: no contribution limit and access to all global markets, but taxed on every flow (30% flat tax on capital gains and dividends, or the progressive scale with a holding-period allowance for securities acquired before 2018). For European securities held long term, the PEA wins; for global diversification (United States, Asia), the securities account is the way to go.
FAQ
What is the minimum budget to invest in the stock market?
Most online brokers accept initial deposits of €50 to €100. What matters is not the initial amount but regularity: scheduled monthly contributions (DCA) smooth out timing risk.
Should you buy all at once or in stages?
Buying in stages (DCA) reduces the risk of buying at the top; buying all at once maximizes returns if the market then rises. Over the long term, documented studies show a slight advantage to lump-sum buying, but staggered buying is psychologically easier for a beginner.
How can you limit the risk of loss?
Three levers: diversification (at least 15-20 positions or a broad ETF), position sizing (no position above 5% of the portfolio) and time horizon (the longer it is, the lower the risk of bad timing).
Where can you follow the price and news of a security?
Real-time quotes are available on the issuer’s website, broker platforms and financial data feeds; shareholders receive regulated announcements by email after registering with the issuer.
Glossary: Key Terms
- Market capitalization: share price × number of shares; a company’s “size” on the market.
- P/E ratio (price-to-earnings): share price / earnings per share; how many years of earnings you are paying for. Below 15: a cautious market or neglected stocks; above 25: high growth expectations.
- Earnings per share (EPS): net income / number of shares; the basis for calculating the P/E ratio.
- Dividend yield: annual dividend / share price; to be compared with money market rates and government bonds.
- Free cash flow: cash generated after investments; the real source of dividends and share buybacks.
- Net debt / EBITDA: a debt indicator; above 3-4 depending on the sector, room for manoeuvre shrinks.
- Limit order: an order with a maximum buy price (or minimum sell price) set in advance; essential protection on illiquid stocks.
- Spread: the difference between the buy and sell price; on small caps it can cost more than the commission.
- Risk premium: the extra return required to hold a share rather than a risk-free asset.
- Volatility: the size of price swings; it measures short-term risk, not the quality of the company.
- Beta: a security’s sensitivity to the market; a beta above 1 amplifies index moves, below 1 dampens them.
- Free float: the share of capital actually tradable on the market; a low free float makes the price more volatile.
- Share buyback: the company buys back its own shares; a way of returning cash that supports earnings per share.
- Adjusted earnings: profit restated for exceptional items, as presented by the company; treat with caution, as the definition varies between issuers.
Informational content only, not investment advice. Past performance is not a reliable indicator of future performance; investing in the stock market carries a risk of capital loss.