Binance USD (BUSD)
Since its creation, the token has become a predominant stablecoin option in the cryptocurrency world, due to its 1:1 backing from the US dollar and ease of use within the world’s largest exchange.
The token is not only supported by two large operations, Binance and Paxos, but is also approved by the New York State Department of Financial Services. This regulatory approval ensures the highest level of consumer protection.
Combining Stability and Cryptocurrency Together
Due to the stability of the US dollar vs. most other currencies in the cryptocurrency world, BUSD plays a crucial role in transactions, payments, and settlements, as well as decentralized finance (DeFi).
How To Earn BUSD With Octaplex
For holders of the Octaplex PLX token to earn BUSD, all they have to do is hold PLX and assign BUSD through the Octaplex crypto rewards app.
To assign BUSD as a reward option, simply log into the dApp, choose BUSD and the desired percentage and that’s it. Hold PLX and earn BUSD, simple, easy and straightforward.
BUSD is a very trusted and crucial part of the cryptocurrency ecosystem within the Octaplex system and now users can earn BUSD by doing nothing more than holding the PLX token.