Cryptocurrency Q&A
Is it safe to keep money in busd?
Is it safe to keep money in busd?
Lorenzo
Mon Oct 28 2024
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7 answers
1860
I'm considering keeping some of my money in BUSD, but I'm not sure if it's a SAFE option. I want to know if BUSD is a reliable and secure way to store my funds.
7 answers
TimeRippleOcean
Wed Oct 30 2024
This digital currency operates on a decentralized platform, making it resistant to fraud and manipulation.
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60
KimonoElegantGlitter
Wed Oct 30 2024
Paxos oversees the issuance and redemption process of BUSD, ensuring that it maintains a stable value.
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377
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CryptoLegend
Wed Oct 30 2024
For every BUSD in circulation, Paxos holds an equivalent amount of USD in reserve.
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388
72
Raffaele
Wed Oct 30 2024
This reserve mechanism provides a strong foundation for the stability and credibility of BUSD.
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128
38
Valeria
Wed Oct 30 2024
BUSD leverages blockchain technology to ensure the transparency, security, and immutability of transactions.
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