Binance Is It A Good Decision To Store Funds Into The Binance USD (BUSD) Token?

Good-Guy

VIP Contributor
Binance USD (BUSD) is a Binance-based token that runs on the Binance blockchain. It is a kind of token that was developed by the Binance Corporation for its users and others. The good thing about Binance USD (BUSD) is that its value is pretty stable. In fact, it is one of the most preferred stable coins in the world, as it belongs to the world's most trustworthy blockchain network. I am not sure if it is a centralized or decentralized and I really do not know if the Binance CEO has any influence over the coin, but I am sure that many people do use Binance USD coin to store funds. So, do you think it is a good idea to store your funds into this coin or not?
 

btaliat

VIP Contributor
Most people use anything usd because they are stable. If people take these usds serious. There may be less loss or no even loss at all during this bearish moment that we are still slightly experiencing. I think it is advisable to use it to save money based on the reason I said above.
 
Top