The invention relates to a method preparing carboxylic butyronitrile-butadiene, its components comprise deionized water, emulsifying agents, molecular weight regulating agents, PH regulating agents, peroxodisulfate free initiator, butadiene monomers, acrylic nitrile, unsaturated carboxylic acid and unsaturated carboxylic ester, and the process comprises: adding the said components in a percentage by weight of 90-140 % of deionized water, 2.2-3.6 % of emulsifying agents, 0.5-1.5 % molecular weight regulating agents, 0.2-0.5 % of PH regulating agents and 0.3-1.1 % of peroxodisulfate free initiator into a polymeric reactor, then adding the butadiene monomers in a percentage of 52-58 % into the polymeric reactor and stirring to homogeneously mix, increasing the temperature to 40-50 Deg. C, and in the press of 0.3-0.5 MPa, continuously adding the mixture in a percentage of acrylic nitrile of 30-45 %, unsaturated carboxylic acid of 0.5-8 % and unsaturated carboxylic ester of 0.5-7.5 % using a dosage pump, the adding time lasts 6-12 h, and reacting to 2-4 h, then stop, degassing in a degassing tank and second degassing in a degassing column, regulating the latex treated from the degassing column by PH regulating agents to get the completed product.