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BUSDUSDT
Binance USD / Tether USD
crypto

Inactive

Dec 14, 2023 11:59:00 PM EST

1.00USDT-0.050%(0.00)2,222,3840

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BUSD Reddit Mentions

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We have sentiment values and mention counts going back to 2017. The complete data set is available via the API.

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BUSD Specific Mentions

As of May 24, 2025 5:53:18 AM EDT (<1 min. ago)

Includes all comments and posts. Mentions per user per ticker capped at one per hour.

2 days ago • u/liquid_at • r/dogecoin • why_does_ethereum_need_to_rise_first_for_altcoins • C

because of arbitrage.
you do not "buy a coin", you exchange one asset against another in a market. You can buy BTC for USD, USDC, USDT, BUSD, EUR, EUR-Stablecoins, GBP, GBP-STablecoins and pretty much through any alt-coin trading pair in existence. Each of these markets is its own market that only keeps prices balanced because arbitrage-traders understand that buying on one market low and selling on another market high is a great way to make money.
So, if you can sell your BTC for 100k directly, or convert it to f.e. Doge and then sell the doge for 101k, what would you prefer to do?
In both cases you give away your BTC and end up with fiat, just that in one case you get 100k and in the other you get 101k. What do you think is better?
And Arbitrage Traders agree with you. That's why no coin trades independently.

2 days ago • u/liquid_at • r/dogecoin • why_does_ethereum_need_to_rise_first_for_altcoins • C

because of arbitrage.
you do not "buy a coin", you exchange one asset against another in a market. You can buy BTC for USD, USDC, USDT, BUSD, EUR, EUR-Stablecoins, GBP, GBP-STablecoins and pretty much through any alt-coin trading pair in existence. Each of these markets is its own market that only keeps prices balanced because arbitrage-traders understand that buying on one market low and selling on another market high is a great way to make money.
So, if you can sell your BTC for 100k directly, or convert it to f.e. Doge and then sell the doge for 101k, what would you prefer to do?
In both cases you give away your BTC and end up with fiat, just that in one case you get 100k and in the other you get 101k. What do you think is better?
And Arbitrage Traders agree with you. That's why no coin trades independently.

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