Overview of Crex24 Exchange
Crex24 is a cryptocurrency exchange supporting a wide range of trading pairs, including stablecoins like Binance USD (BUSD) and Tether (USDT). This analysis focuses on the BUSD/USDT pair, examining price trends, trading volume, and market behavior.
BUSD/USDT Market Performance
Key Metrics
- Ticker Symbol: BUSD-USDT
- Price Stability: Both being stablecoins pegged to the USD, this pair typically shows minimal volatility.
- Liquidity: Moderate trading volume, with occasional spikes during market events.
👉 Explore real-time BUSD/USDT data on Crex24
Historical Price Data (2021)
| Date | Price (USDT) | Volume (BUSD) | Open | Low | High | Close |
|---|---|---|---|---|---|---|
| 2021-03-14 | 1.0018 | 24.9800 | 1.0018 | 1.0018 | 1.0018 | 1.0018 |
| 2021-03-13 | 0.9989 | 108.5388 | 1.0013 | 0.9988 | 1.0013 | 0.9988 |
| ... | ... | ... | ... | ... | ... | ... |
Table truncated for brevity. Full dataset available here.
Trends and Observations
- Price Deviation: Rare instances of deviation beyond $1.00 (e.g., 1.4318 USDT on 2021-02-16).
- Volume Spikes: Notable increases during macroeconomic announcements or crypto market turbulence.
- Arbitrage Opportunities: Small price gaps between exchanges occasionally occur.
FAQ Section
Why trade BUSD/USDT?
This pair allows traders to hedge against other crypto volatility or transfer value between platforms with minimal slippage.
How reliable is Crex24 for stablecoin trading?
Crex24 offers adequate liquidity for retail traders, though large orders may require splitting.
What causes price deviations in stablecoin pairs?
- Temporary demand imbalances
- Exchange-specific liquidity issues
- Transaction delays in minting/burning mechanisms
👉 Compare BUSD/USDT rates across exchanges
Key Takeaways
- The BUSD/USDT pair generally maintains parity but requires monitoring during market stress.
- Crex24 provides transparent historical data for backtesting strategies.
- Always cross-check prices with higher-volume exchanges for optimal execution.
Data last updated for 2021. Verify current metrics before trading.