BNB
BNB
$731.47
-1.93
%
#4
136
12
15
38
11
4
AI Summary
Last updated Oct 23, 2026Launched in July 2017, BNB serves as the native cryptocurrency of the Binance ecosystem. It is primarily used for trading fee discounts on the Binance exchange and can also be utilized in various applications within the Binance Smart Chain.
As of now, BNB ranks fourth in market capitalization. It has a circulating supply of 144,006,830 tokens, which is also the maximum supply.
Developed by Binance, one of the largest cryptocurrency exchanges globally, BNB has evolved significantly since its inception. Initially created as a utility token for the exchange, its use cases have expanded to include participation in token sales and more within the Binance ecosystem.
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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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