Binance Coin (BNB) and Binance USD (BUSD) are two popular cryptocurrencies used in the Binance ecosystem. Some users swap BNB for BUSD to limit risks associated with price volatility or send crypto payments to users or merchants that prefer to accept BUSD as a payment method.
Both BNB and BUSD are available on Ka.app, an easy-to-use payment platform for peer-to-peer (P2P) transactions.
What Are BNB and BUSD?
BNB is the native token of the Binance exchange, while BUSD is a stablecoin pegged to the US dollar. Both BNB and BUSD offer unique features and benefits to users, especially those who regularly make transactions using the Binance Smart Chain.
How to Swap BNB for BUSD
With Ka.app, you can convert BNB to BUSD in two different ways:
1. Swap
Ka.app’s Swap feature allows you to quickly convert cryptocurrencies available on the platform. Let’s flesh out how you can swap BNB for BUSD:
2. Easy Swap Engine
If you want to swap crypto and Bitcoin or any currency you receive for your preferred currency, use the Easy Swap Engine. It automatically converts the payments you receive to your preferred currency hassle-free. Here’s how you can set it up to swap BNB payments for BUSD:
How Much Are Swapping Fees on Ka.app?
Swapping fees in the app may vary depending on whether you’ve locked up KASTA tokens or not. Those who lock up KASTA enjoy exclusive benefits such as up to 8% interest and discounted swap fees as low as 0.376% of the transaction amount.
How Long Does It Take to Swap Cryptocurrencies on Ka.app?
Ka.app transactions, including crypto swaps, usually take just a few seconds.
Wrapping UP
Converting BNB to BUSD or other cryptocurrencies is easy with Ka.app. The platform has intuitive flows which also makes it one of the best crypto apps for beginners.
Aside from BNB and BUSD, Ka.app also accepts Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), the KASTA token, Polygon (MATIC), Cardano (ADA), and Polkadot (DOT) among others. Convert fiat to crypto features will also be available soon.
FAQ
Is Ka.app safe to use?
Yes. Ka.app uses battle-tested Fireblocks technology in securing cryptocurrencies in storage and transit. This multi-layer system secures customer funds from cyber-attacks, internal collusion, human error, and more.
The app also goes through regular software updates, and the company complies with legal requirements that help prevent money laundering, fraud, and other illegal activities.
How to swap USDC for BUSD?
You can swap USDC for BUSD in Ka.app by following the above-mentioned steps using the Swap feature or the Easy Swap Engine.
How to swap BTC for BNB or ETH for BNB?
Again, you can swap BTC for BNB or swap ETH for BNB in Ka.app by following the above-mentioned steps using the Ka.app Swap feature or the Easy Swap Engine.
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