Cryptos:

105

Exchanges:

10

Wallets:

108

Marketcap:

$2,377,122,199,442

Volume 24h:

$36,372,194,796

BNB logo

BNB

BNB

$598.59

#4

Coin
Overview
Exchanges
Markets
Wallets

$598.59

Price

4

Rank

$99,845,493,687

Marketcap

$251,993,719

Volume

$604.78

High

$593.96

Low

N/A

Open

N/A

Close

1H

0.78

%

1D

2.62

%

1W

-1.50

%

1M

5.79

%

2M

14.41

%

3M

66.48

%

6M

129.84

%

1Y

88.73

%

Change 24h

$593.96

$604.78

Low

24H

High

Circulating Supply

166,801,148

166,801,148

N/A

BNB`s Historical Data

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Avg
Total
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Avg
Total

About BNB

BNB (Binance Coin) is a cryptocurrency created by the Binance exchange. It was launched in 2017 and, at its inception, was operating on the Ethereum blockchain. Binance Coin (BNB) no longer operates on the Ethereum blockchain. In April 2019, Binance launched its blockchain, Binance Chain. This was done to increase the efficiency and speed of transactions on the Binance platform.

With the launch of Binance Chain, Binance Coin underwent a token swap, where holders of the ERC-20 token could exchange them for the native Binance Chain version.

As a native token of the Binance Chain, BNB is used to pay for transaction fees on the blockchain, including trading fees on the Binance CEX and the Binance DEX, a decentralized exchange built on top of the Binance Chain. Binance DEX allows users to trade and transact without needing a centralized intermediary. 

When a user holds BNB in their account and uses it to pay for trading fees, they receive a discount on their fees. The discount rate decreases over time.

Another use of BNB is that it can be used to participate in token sales on the Binance Launchpad platform, which is the exchange's token launch platform. The platform helps new projects raise funds by selling their tokens.

BNB also provides access to various other benefits, such as premium customer service, exclusive events, and promotions, as well as a wide range of products and services offered by Binance and its partners.

Additionally, Binance Chain and Binance DEX provide various other features, including creating custom tokens, launching initial exchange offerings (IEOs), and new use cases like decentralized lending, borrowing, and liquidity provision.

Overall, Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem. It provides various benefits to users of the Binance platform, including discounted trading fees, access to exclusive events and promotions, participation in token sales on the Binance Launchpad, and enabling decentralized trading and other financial services with Binance DEX.

Tags

Proof of Staked Authority
Staking
Cashback
Discount
Benefits
Marketplace
Investment
Payments
Fintech
Finance
Smart Contracts
CEX
Scarcity
Layer 1
Marketcap

N/A

Max Supply

166,801,148

Circulating Supply

166,801,148

Left in Circulation

0

Total Supply

N/A

Birthday
Age

6 Years

Decimals

8

Wallets

57

News

62

Exchanges

5

Pairs

37

Tickers

46

Base

9

Quote

28

All Time High

$656.40

Date Of ATH

May 11 2021

Days Since ATH

1113

All Time Low

$0.046

Date for ATL

Oct 26 2017

Days Since ATL

2406