How to Convert TUSD to BNB
Popular cryptocurrency exchanges provide a platform to convert TrueUSD (TUSD) to Binance Coin (BNB) and other trading pairs for most popular cryptocurrencies. Before converting TUSD to BNB, monitor the market trends to ensure that you invest in the right cryptocurrency. Popular exchanges feature charts you check to value fluctuation in real-time or see historical prices over a particular time frame. Find an exchange that offers direct conversion and low transaction fees.
About TUSD & BNB
What is TrueUSD?
TrueUSD, which trades under the symbol TUSD, is a fully collateralized stablecoin created by TrustToken. This USD-backed ERC20 token is designed to address the cryptocurrency stability necessary for financial companies, crypto exchanges, and traders. Traders can buy these stablecoins without worrying about volatility. TUSD has become popular because it allows transparent verification by third-party attestations. Besides, it uses multiple escrow accounts for responsible fund management and enhanced data security. TUSD maintains a 1:1 ratio with actual dollars, making it a reliable, stable fund to protect token holders during the volatility of major cryptocurrencies. TrueUSD is an asset-backed token that can trade globally on popular cryptocurrency exchanges such as Rubix.
What is Binance Coin?
Binance Coin, which trades with the symbol BNB, is a cryptocurrency behind the Binance Chain ecosystem. BNB holders use it as a utility token to settle transaction fees, participate in token sales or pay for goods and services on the Binance blockchain. BNB remains the Binance platform’s native coin that holders use to trade. However, BNB was originally an Ethereum-based coin operating on the ERC platform before moving on to its own blockchain. Changpeng Zhao of the Binance exchange created BNB in 2017 to respond to the need for a utility token that allows holders to make online purchases.
Convert TUSD to BNB using Rubix
Rubix exchange features a user-friendly interface to accommodate the needs of experienced and novice traders. Rubix offers direct TUSD to BNB conversion at competitive exchange rates. Begin your transaction by navigating your Rubix account for the Rubix conversion tools. Secondly, choose the TUSD to BNB pair. Next, enter the amount of TrueUSD you want to convert with BNB to view the transaction cost and exchange rates. Lastly, confirm the transaction and BNB will be added to your portfolio.