Exchange Binance USD ERC20 BUSD to Everscale EVER

You give Binance USD ERC20 BUSD
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More trading pairs
ERC20    Ethereum
Minimum amount 300 BUSD
ERC20    Ethereum
Minimum amount 300 BUSD
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You get Everscale EVER
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More trading pairs
EVER    Everscale
Network fee 20 EVER  (0.22 $)
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Amount to get (including PS commission — 20 EVER)
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We do AML checks on the funds we receive. Please read our AML policy carefully before paying for order.
Be careful! We do not accept funds from the following exchanges: Garantex, CommEx. Funds sent from these exchanges will be lost with no possibility of recovery.
Instructions: Exchange Binance USD ERC20 BUSD to Everscale EVER
To make the exchange you need to perform the following steps:
1.
Fill out all the fields in the form above ↑.
2.
Read our the Terms of Service, and if you accept them, check the appropriate box.
3.
Please read and accept the User Agreement and agree to the processing of your personal information by checking the appropriate box.
4.
Press the "Start Exchange" button.
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When paying for an order, make sure you are not sending funds from a contract wallet. Such funds will not be credited to our account.
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The rate is fixed when the order is created and the customer has paid within 30 minutes after creation. If payment is not received within 30 minutes → the order is automatically deleted (payment of the order → 2 confirmation of the transaction in the Binance USD ERC20 network).
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If the exchange rate of the received or given asset to the dollar on Binance changes by more than 5%, the service reserves the right to recalculate the exchange rate at the time of receipt of payment.
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The processing of your order begins immediately after 2 confirmations of the payment transaction in the Binance USD ERC20 network and crediting the balance of the payment platform / exchange. If within 30 minutes after the creation of the order transaction does not receive 2 confirmations, the service reserves the right to recalculate the rate according to the Binance at the time of their be received (if the operator online). If at the time of receive of the 2 confirmation the operator is offline, the service reserves the right to recalculate the rate at the time of resumption of the operator (according to work schedule).
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If a transaction sent by you as a payment for an order is marked by the payment platform/exchange as a "deposit from Dark Market" or a "suspicious transaction" → processing of the order is suspended until the incident is resolved and may require the customer to verify (KYC).
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By making this exchange, you automatically agree to all its terms and conditions.
5.
Pay the order by transferring the exact amount to the credentials specified in the description.
6.
After making the payment → click the "I have paid" button.
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If the client has paid the order, but due to circumstances wants to cancel the exchange, the return of funds is minus 5% of the payment amount + commission within the payment system and the difference in the exchange rate.
7.
Wait for the transfer of funds from the service to the credentials you specified. All information and transfer status can be viewed on the page "Status of the request", which opens immediately after order was created.
i.
Note: The operator online status is required to perform the exchange (operator status is listed in the bottom right corner of the page). If you have any questions, please contact the operator with the Chat in the bottom right corner or at the addresses listed on the Contacts page.
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The value specified in the field "Amount (including PS fee)" is approximate and may differ from the fee charged by payment system. Check the exact amount of transaction fee from the support service of the payment system.

More about currencies

Binance USD ERC20 BUSD

Introduction

In the rapidly evolving landscape of digital finance, stablecoins have emerged as a vital innovation, bridging the gap between cryptocurrencies and traditional fiat currencies. Among these, Binance USD (BUSD) stands out as a prominent stablecoin issued on the Ethereum blockchain as an ERC20 token. Launched by Binance in partnership with Paxos, BUSD combines the stability of the US dollar with the efficiencies and security of blockchain technology.

Key Characteristics of Binance USD (BUSD)

Secure and Transparent: BUSD is backed 1:1 by USD reserves held in regulated banks, ensuring transparency and trust. It undergoes regular attestations by independent auditors to confirm the reserve backing.

ERC20 Standard: As an ERC20 token, BUSD benefits from Ethereum’s robust infrastructure, enabling seamless integration with various dApps, wallets, and DeFi systems.

Regulated: BUSD is a regulated stablecoin approved by the New York State Department of Financial Services (NYDFS), providing a regulatory edge in the growing crypto market.

Liquidity: BUSD enjoys high liquidity across numerous cryptocurrency exchanges, making it easily tradable and suitable for various financial activities.

Types of Binance USD

While BUSD is primarily an ERC20 token on Ethereum, it is also issued on multiple blockchains to enhance versatility:

  • BUSD on Ethereum (ERC20): The original and most widely used form, compatible with Ethereum-based DeFi platforms.
  • BUSD on Binance Smart Chain (BEP20): Offers faster and cheaper transactions within the Binance ecosystem.
  • BUSD on Other Chains: Available on platforms like Solana and Tron, broadening its usability across various blockchain networks.

Working Principle of BUSD

Reserve-backed: Each BUSD token is backed by a corresponding US dollar held in reserve, ensuring 100% fiat backing. When users buy BUSD, the funds are deposited in regulated banks, and an equivalent amount of BUSD is minted and issued.

Redeeming: Similarly, when users redeem BUSD for USD, the tokens are burned (destroyed), and the fiat is released from reserves.

Blockchain Transactions: BUSD operates on blockchain networks, allowing real-time, borderless transfers with transparency, thanks to cryptographic verification and public ledger recording.

Benefits of Binance USD

Stability and Trust: BUSD’s peg to the US dollar offers minimal volatility, providing a safe space in the crypto world.

Efficiency: Blockchain enables quick, cost-effective transactions compared to traditional banking systems.

Compatibility: As an ERC20 token, BUSD seamlessly integrates with numerous wallets, exchanges, and DeFi protocols, expanding its usability.

Regulation and Security: Being federally regulated and regularly audited enhances user confidence and mitigates fraud risk.

DeFi Integration: BUSD is widely used as collateral and liquidity in DeFi applications, lending protocols, and yield farming.

Risks of Using BUSD

Regulatory Changes: Future regulations may impact its operation, availability, or backing policies.

Reserves and Auditing: Despite transparency efforts, concerns about reserve security or audit discrepancies could arise.

Market Risks: While pegged to USD, sudden market shifts in the broader crypto ecosystem can affect liquidity and usability.

Operational Risks: Blockchain network congestion or smart contract bugs could cause transaction delays or failures.

Regulation of BUSD

BUSD operates under strict regulatory oversight in the United States, specifically through the NYDFS, which requires robust compliance standards. Paxos, the issuer, is regulated and overseen by authorities, ensuring that BUSD adheres to anti-money laundering (AML) and know-your-customer (KYC) regulations. This regulatory framework provides increased safety and legitimacy, positioning BUSD as a trusted stablecoin for institutional and retail users alike.

Use Cases of Binance USD

  • P2P Payments: Facilitates peer-to-peer transactions worldwide with near-instant settlement.
  • Trading and Arbitrage: Acts as a stable trading pair against cryptocurrencies, enabling traders to hedge or move quickly without exposure to volatility.
  • DeFi Applications: Used as collateral for lending, borrowing, and liquidity provision in decentralized finance infrastructure.
  • Remittances: Provides an affordable, fast alternative for cross-border remittances.
  • Tokenized Assets: Serves as a stable base for tokenized real-world assets or securities in evolving digital asset markets.

Future Outlook for BUSD

The stablecoin market is set to grow exponentially with increased adoption of blockchain technology. BUSD’s strong regulatory backing and broad ecosystem integration position it well for future expansion. Innovations like cross-chain compatibility, integration with emerging DeFi platforms, and increased institutional acceptance are expected to enhance BUSD’s utility and stability. However, ongoing regulatory developments may influence its trajectory, emphasizing the need for continuous compliance and transparency.

Conclusion

Binance USD (BUSD) represents a compelling fusion of regulatory compliance, blockchain innovation, and stability. As an ERC20 stablecoin pegged 1:1 to the USD, it caters to users seeking safety, transparency, and efficiency in digital transactions. Its versatility across multiple blockchains, strong backing, and integration into diverse financial services make it a key player in the future of digital finance. While it comes with inherent risks, careful oversight and regulatory compliance position BUSD as a reliable and scalable solution in the evolving stablecoin landscape.


Everscale EVER

Introduction to Everscale ( EVER )

Everscale (EVER) is an innovative blockchain platform designed to redefine the landscape of decentralized applications and digital transactions. Built on scalable, high-performance architecture, Everscale aims to offer a secure, fast, and versatile environment for developers, businesses, and individual users seeking reliable blockchain solutions.

Unique Selling Proposition (USP) of Everscale

Everscale's most compelling USP is its scalable, sharding architecture that ensures high throughput and low latency. Unlike many traditional blockchains, which often face congestion issues, Everscale leverages a multi-shard ecosystem that dynamically manages network load. This innovation allows thousands of transactions per second, making it ideal for applications requiring real-time processing. Additionally, Everscale emphasizes a user-friendly experience with compatibility across various platforms, robust security features, and a flexible smart contract environment rooted in modern development languages.

Target Audience

Everscale primarily targets:

  • Developers and Tech Innovators seeking scalable blockchain infrastructure for building decentralized apps (dApps), DeFi protocols, and enterprise solutions.
  • Startups and Enterprises looking for reliable, high-speed blockchain technology to streamline operations, improve transparency, or create innovative financial products.
  • Crypto Enthusiasts and Investors interested in new, promising projects with growth potential in the expanding blockchain ecosystem.
  • Decentralization Advocates focused on contributing to a decentralized, censorship-resistant network.

Competitive Landscape and Differentiation

Everscale operates in a highly competitive environment alongside platforms like Ethereum, Binance Smart Chain, Solana, and Polkadot. Its main differentiator is its scalable sharding architecture, which outperforms many competitors in transaction speed and network capacity. While Ethereum remains popular, its scalability issues have pushed developers towards alternatives like Everscale, which offers similar or better features without sacrificing security or decentralization. Furthermore, Everscale's modular design allows seamless upgrades and customizations, providing a flexible foundation for diverse blockchain projects.

Market Perception and Community Support

The perception of Everscale is of a cutting-edge, high-performance blockchain with significant potential. The community around Everscale is composed of developers, investors, and early adopters who value innovation and technological robustness. While still gaining recognition compared to household names, Everscale is viewed with optimism, especially for its technical advantages and active development roadmap.

Advantages of Everscale

  • High Scalability and Speed: Its multi-shard architecture ensures rapid transaction processing.
  • Low Transaction Costs: Efficient network design reduces fees, making microtransactions feasible.
  • Developer-Friendly Environment: Supports popular programming languages and offers comprehensive SDKs.
  • Security and Decentralization: Robust consensus mechanisms safeguard network integrity while maintaining decentralization.
  • Flexible Smart Contracts: Adaptable smart contract platform that supports various use cases and integrations.

Risks and Challenges

As with any emerging technology, Everscale faces several risks. Market adoption might be slower than anticipated, especially amid stiff competition and shifts in investor interest. Regulatory developments could impact blockchain projects broadly. Technical risks include potential network vulnerabilities or the challenges of maintaining decentralized consensus at scale. Additionally, the success of Everscale depends on continuous ecosystem growth, developer engagement, and effective marketing strategies.

Use Cases and Applications

Everscale’s versatile architecture enables a wide array of applications, such as:

  • Decentralized Finance (DeFi): Creating scalable, low-cost lending, staking, and exchange platforms.
  • Supply Chain Management: Ensuring transparency and traceability across complex supply networks.
  • Gaming and NFTs: Powering blockchain-based games with high transaction volume and real-time interactions.
  • IoT and Enterprise Solutions: Facilitating secure data exchange and automation in industrial settings.
  • Decentralized Identity: Empowering users with control over their digital identities.

Future Prospects and Development Path

The future of Everscale looks promising as it continues to expand its ecosystem and forge strategic partnerships. Ongoing upgrades aim to enhance scalability, security, and user experience. The project seeks to attract more developers through hackathons, grants, and educational initiatives. With growing enterprise interest and the expanding adoption of decentralized technology, Everscale’s prospects include becoming a backbone for scalable blockchain applications serving various industries.