Binance has launched a function allowing users to instantly convert from other stablecoins into BUSD. The ratio to convert PAX, USDC and TUSD into BUSD will be set at 1:1 with zero fees. The ratio to convert USDT into BUSD will vary based on the current market price.
How pissed off is Canada about the collapse of the Quadriga exchange? Any cryptocurrency exchange that doesn’t deliver bought coins immediately — but holds them on the platform — is now subject to securities regulation.