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Binance USD wallet

The best hardware wallet for your Binance USD

Secure your Binance USD assets with the most trusted hardware wallet. Cold storage wallets are encrypted devices that store your Binance USD tokens offline, providing a layer of security against the evolving threats emerging from being connected to the internet.

Discover our hardware wallet How to use Binance USD with Ledger
Trusted by over 6 million customers
Binance USD wallet
Ledger Secured Solution

What is a Binance USD wallet?

To store and manage Binance USD, you need a compatible crypto wallet. Whether you’re looking to keep your assets safe and HODL or manage them on a daily basis, Ledger has the right product for you.

Ledger hardware wallet

Ledger hardware wallet stores your private keys and signs transactions offline, making them resistant to malicious attacks and threats.

Ledger Live App

Ledger Live App is a gateway to managing your assets, staking and earning passive income, checking your real-time balance, tracking transaction histories, and more.

How to create a Binance USD crypto wallet?

1
Get a Ledger Nano

Get a Ledger Nano

Select and purchase a Ledger wallet of your choice.

  • Beginner in the crypto world? Get started with Nano S Plus.
  • Prefer a Bluetooth connection? Try with Nano X.

Get Ledger Nano

2
Download Ledger Live

Download Ledger Live

Download and install Ledger Live in a couple of clicks.

Ledger Live is a crypto app for desktop & mobile that enables you to set up a Ledger device and manage your coins.

3
Add Binance USD to your portfolio

Add Binance USD to your portfolio

Add a Binance USD account with a couple of clicks. Choose among different providers and easily manage your Binance USD. And not only Binance USD.

With Ledger Live, you can manage thousands of crypto, plus a variety NFTs.

Buy, Manage, and Swap Binance USD at your fingertips

Ledger Live is your one-stop platform for smooth and complete asset management. With just a few clicks, you can buy, send/receive and swap Binance USD.

*Buy, send/receive, swap, stake, and other crypto transaction services are provided by third-parties partners.

Buy Binance USD

Buy Binance USD

You can purchase Binance USD through our partners with a credit card or bank transfer. Binance USD will be automatically sent to your Ledger device.

  • Head over to Buy/Sell.
  • In the dropdown menu, select Binance USD and click Continue.
  • Choose one of the three payment providers—Coinify, MoonPay or Ramp—and follow the instructions.

Buy Binance USD

Swap Binance USD

Swap Binance USD

Swapping allows you to test out different cryptocurrencies, protect assets from volatility, and diversify your portfolio. Through Ledger Live, you can swap one coin for another without using fiat currencies.

  • Head over to Swap.
  • On the Exchange page, select the accounts that you want to swap.
  • Enter the desired amount and click Exchange.
  • Connect and unlock your Ledger device.
  • Follow the instructions to confirm the swap.

Swap Binance USD

Bertil A.

5/5

In order to secure cryptocurrencies, Ledger is the perfect tool.

Kevin L.

5/5

Simply a very elegant peace of hardware, with a gorgeous UI in the app.

James P.

5/5

ALL is good, all legal resources bought was as specified and compliant, party on.

Read more reviews

What is BUSD?

Binance USD (BUSD) is a stablecoin pegged to USD with the US dollar. Stablecoins are cryptocurrencies compatible with blockchain-based instruments, but unlike other crypto assets, they offer the price stability of fiat currencies. This makes stablecoins like BUSD ideal for investors looking for a safe harbor for their funds within the digital assets ecosystem.

Binance USD is issued by Binance (the largest centralized exchange for cryptocurrencies to date) in partnership with Paxos, which maintains the reserves of US dollars in its bank accounts in the US. Binance USD is approved by the New York State Department of Financial Services (NYDFS), offering immense conviction to the integrity of the fiat assets backing the BUSD stablecoins.

BUSD is a fully fiat-collateralized custodial stablecoin. This means that for every unit of circulating BUSD on the blockchain, there is a dollar sitting in the US bank account of Paxos that offers it the required price stability.
This ensures BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.

Frequently Asked Questions

When you first buy coin, you’re issued with two keys: public and private.

  • A public key serves as an address that can be shared with other parties to perform transactions.
  • A private key represents a randomly generated number that signs transactions and protects your assets from malicious attacks. If it gets compromised or lost, you won’t be able to access your crypto wallet to spend, withdraw, or transfer your assets.

To safeguard and keep track of your keys, you can use online or offline wallets. Online wallets, also known as hot wallets, store private keys on systems or devices that are connected to the internet. Hot wallets are easy and convenient to use, however, they come with several drawbacks. Besides being susceptible to attacks and a honeypot for hackers, with hot wallets, the custody of private keys is often entrusted to a third party such as a crypto exchange, which means you never have full control over your funds. The safer choice are specialized hardware wallets that store private keys offline. Stealing private keys from a hardware wallet would require physical access to the wallet and corresponding PIN or the recovery phrase. What’s more, with hardware wallet, you don’t need to rely on third party custodians.

Ledger Nano is the industry-leading hardware wallet. With more than five million customers, Ledger Nano wallets have several layers of security that protect private keys, and hence your assets:

  • Your private keys are stored on secure element chips.
  • A PIN code and a 24-word recovery phrase are required to access the wallet.
  • Ledger Nano cold wallets have been built using highly durable materials for protection against physical damage.

With full isolation between private keys and your computer/mobile, Ledger Nano hardware wallets keep your keys secure and give you complete control over your assets.

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