Is it possible to buy USD on Binance?

Azim0ntDec 17, 2021 · 3 years ago3 answers

Can I purchase USD on Binance? I'm looking to buy USD using my digital assets on Binance. Is it possible to do so?

Is it possible to buy USD on Binance?

3 answers

Dec 17, 2021 · 3 years ago
Yes, it is possible to buy USD on Binance. Binance offers a variety of trading pairs, including USD pairs, allowing users to trade their digital assets for USD directly. Simply navigate to the USD trading pairs section on Binance and choose the digital asset you want to trade for USD. Please note that you may need to complete the necessary verification process to access USD trading pairs.
Dec 17, 2021 · 3 years ago
Unfortunately, Binance does not currently support direct USD purchases. However, you can still trade your digital assets for other stablecoins, such as USDT or BUSD, which are pegged to the value of USD. These stablecoins can then be used to trade for other cryptocurrencies or withdrawn to a supported fiat currency exchange.
Dec 17, 2021 · 3 years ago
While Binance does not directly support USD purchases, you can use BYDFi, a digital asset exchange that offers USD trading pairs. BYDFi allows users to buy and sell USD using their digital assets. Simply create an account on BYDFi and follow the instructions to start trading USD pairs.

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