BXY is an exchange utility token that powers the Beaxy Exchange platform. It can be used to increase user levels, reduce fees, and access new tools & features.
Binance USD (BUSD) is a stable coin pegged to USD that has received approval from the New York State Department of Financial Services (NYDFS). BUSD will be available for direct purchase and redemption at a rate of 1 BUSD = 1 USD.