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Author Topic: How do I convert BUSD for a different type of cryptocurrency from the USA?  (Read 35 times)
mining4fun789 (OP)
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September 15, 2024, 06:42:35 PM
 #1

I have some BUSD, and I can transfer it to Binance.us or Coinbase.  But I want to convert it to something else, and neither of these exchanges allow for that.  I am a U.S. Citizen, and the several non-custodial exchanges that support BUSD that I can find do not allow Americans to use them.

How do I, a U.S. Citizen, convert BUSD to a different type of cryptocurrency? 
Stalker22
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September 15, 2024, 08:44:20 PM
 #2

I have some BUSD, and I can transfer it to Binance.us or Coinbase.  But I want to convert it to something else, and neither of these exchanges allow for that.  I am a U.S. Citizen, and the several non-custodial exchanges that support BUSD that I can find do not allow Americans to use them.

Wait, so you cant use BUSD on the Binance US exchange? Thats fucked up!  I didnt know that.

How do I, a U.S. Citizen, convert BUSD to a different type of cryptocurrency? 

Cant you just use one of the instant swap exchanges, like the one in the Matamask wallet, to exchange it for ETH or some other token?

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mining4fun789 (OP)
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September 28, 2024, 02:55:14 AM
 #3

The several non-custodial exchanges that support BUSD that I can find do not allow Americans to use them.  Is there an "instant swap exchange" that supports BUSD and allows Americans to use it?
albon
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September 28, 2024, 09:06:49 PM
 #4

The several non-custodial exchanges that support BUSD that I can find do not allow Americans to use them.  Is there an "instant swap exchange" that supports BUSD and allows Americans to use it?
I believe you can exchange your BUSD through the Pancakeswap platform - [official website] as it is a decentralized exchange platform that does not require KYC and is built on BSC, so any US citizen can use it smoothly to exchange their tokens, but I think you will need to pay taxes on your trades, where I found this on Google and in the ToS.

I recommend checking their terms of service before using the platform, and I hope this solution works for you. If not, have you tried using the Swap feature in MetaMask?

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