Simple 3-step guide to buying BUSD today in Canada
Create your free Bitget account
Select a funding method
Complete your Binance USD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Binance USD using a payment method of your choice:
Buy Binance USD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the Buy tab.Credit/Debit in the Buy Crypto tab of the Bitget appCredit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget appEnter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Binance USD order.How to buy crypto with credit/debit cardBuy Binance USD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Binance USD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Binance USD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Binance USD order.Buy Binance USD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Binance USD order.
P2P trading
Step 3: Monitor Binance USD in your Bitget spot wallet
Bitget: Where the world trades Binance USD
Alternative methods to buy Binance USD in Canada
Buy Binance USD with crypto on Bitget Convert
Swap on-chain assets to Binance USD with Bitget Swap
How to buy Binance USD for free
- Learn how to earn Binance USD for free through the Learn2Earn promotion
- Earn free Binance USD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Binance USD airdrops by joining On-going challenges and promotions
Buy other cryptos
Buy Binance USD in a different country
What can you do with Binance USD in Canada?
Store/Hold Binance USD
Many users hold on to their Binance USD with the expectation of it increasing in value. You can store your BUSD safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Binance USD
You can trade Binance USD for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Binance USD trading to meet your needs.
Send Binance USD
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Binance USD online and send to anyone and anywhere with their Binance USD address.
Spend Binance USD
You can also buy goods and services with your Binance USD. More and more vendors and retailers accept Binance USD every day.
Earn Binance USD (BUSD)
Binance USD (BUSD) futures
Market stats to assist in determining optimal times for purchasing Binance USD
What is Binance USD (BUSD)?
Binance USD, or BUSD for short, is a stablecoin released by Binance in collaboration with Paxos. BUSD is a fiat-backed stablecoin that aims to maintain the USD exchange rate of 1:1 with the support of Paxos' fiat reserves. Both Paxos and BUSD are registered with the New York State Department of Financial Services; therefore, user's benefits are relatively well-protected upon using BUSD compared to when using other unregulated stablecoins. BUSD is available on multiple blockchain platforms, including Ethereum, BNB Chain, Avalanche, and Polygon.
How Binance USD (BUSD) Works
Paxos' reserves ensure that 1 BUSD can be redeemed to 1 USD through the process of minting and burning BUSD. When you buy BUSD using fiat, the fiat is sent to the reserves and a corresponding amount of BUSD is minted and sent to your wallet. On the other hand, when you sell BUSD for fiat, the BUSD is burned and a corresponding amount of fiat is sent from the reserves to your wallet.
Since it is regulated, Paxos has to publish regular attestation reports about the state of their reserves and have the reports audited by a third party.
How Many Binance USD (BUSD) Tokens Are in Circulation?
Because the supply of BUSD is managed by the Paxos' reserves, there is no maximum supply. Regarding circulating supply, there is 21.04 billion BUSD in total.
How to Buy Binance USD (BUSD)
Consider investing in Binance USD (BUSD)? It only takes 2 minutes to create an account on Bitget and start trading BUSD.
Check out the available BUSD trading pairs on Bitget!
Spot market
Binance USD (BUSD) Resources
Buy Binance USD in Canada with Bitget
How to safely store your Binance USD
- Sign up and transfer BUSD to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your BUSD.