BNB
BNB
$630.35
-3.67
%
#4
136
12
15
38
11
4
AI Summary
Last updated Nov 10, 2026Launched on July 8, 2017, BNB serves as the native cryptocurrency of the Binance exchange. It is used primarily to pay for trading fees on the platform, as well as for various other applications within the Binance ecosystem.
BNB holds the rank of number four in market capitalization. It has a circulating supply of 144,006,830 tokens, which is also its maximum supply.
Binance, one of the largest cryptocurrency exchanges globally, developed BNB. The coin was initially launched as an ERC-20 token on the Ethereum blockchain before migrating to Binance Chain. Since its inception, BNB has expanded its utility beyond just trading fee discounts, becoming integral to several Binance services and products.
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Frequently asked questions
What is Binance Coin (BNB)?
BNB (BNB) is a decentralized cryptocurrency primarily used within the Binance exchange's ecosystem, one of the largest cryptocurrency trading platforms globally (measured by volume and users). It was originally launched as an ERC-20 token on the Ethereum blockchain back in 2017, BNB has since migrated to the 'Binance Smart Chain' where it is the native token of the chain. BNB provides utility within the Binance Exchange's ecosystem where you can use it to reduce trading fees.
Who created Binance Coin (BNB)?
When was Binance Coin (BNB) created?
How was Binance Coin (BNB) funded?
How Does Binance Coin (BNB) Work?
What are Binance Coin BNB's use cases?
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Challenges of BNB (BNB)
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