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BNB

Binance Coin (BNB) is a type of digital cryptocurrency, utilizing peer-to-peer transactions, mining and other technological feats into a modern day asset. Use this page to follow news and updates regarding Binance Coin stock, create bnb price alerts, follow analysis and opinion and get real time market data.

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1 BNB =

$ 303.40

-12.10 -3.83%

12:47:07 - Real-time Data . ( Disclaimer )

Market Cap:

$49.31B

Circulating Supply:

BNB163.28M

Max Supply:

BNB165.12M

Vol (24H):

$2.61B

Chg (7D):

+2.21%

Day's Range:

291.40 - 309.50

Investing.com Index

1D 1W 1M 6M 1Y 5Y Max

BNB News

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Will the Interest in Parody Coin (PARO), Binance Coin (BNB), and Apecoin (APE) Continue to Grow?

Cryptocurrency Will the Interest in Parody Coin (PARO), Binance Coin (BNB), and...

Top 3 cryptocurrencies that are faring the best in the 2022 bear market

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Maker (MKR): Price Updates, Recent Developments, Future Events, Community

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Crypto Market Sees Double-digit Gains in the Last 24 Hours

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BNB Analysis & Opinion

Crypto Briefing

Terra's LFG Reveals What Happened To Its Bitcoin Reserves By Crypto Briefing - May 16, 2022

The Luna Foundation Guard said that it had spent almost all of...

Crypto Briefing

BNB Targets $520 Following Binance Bridge 2.0 Launch By Crypto Briefing - Mar 31, 2022 3

BNB Chain will host all Ethereum-native tokens with the new...

Richard Salmond

Crypto Exchange Tokens Setting Up For Possible Rally In 2022 By Richard Salmond - Mar 12, 2022

The native tokens of crypto exchanges have recently become a...

As Binance Grows, The Exchange Is Looking To Leverage Its Power Beyond Cryptos By Andy Hecht - Feb 24, 2022 3

This article was written exclusively for Investing.comBinance: A...

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szedrik solidum 9 hours ago

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Tron is very cool🚀😎

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igei chibuzor 9 hours ago

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more trading account has been locked

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Smart Investor May 23, 2022 9:23PM ET

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too much manipulation and speculation in BNB.. what is the real function of exchange token? LOL

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Smart Investor May 22, 2022 9:40PM ET

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biggest scam token is BNB, what is the real function of exchange token ???

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Mj sd May 16, 2022 6:56AM ET

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next bitcoin is pie network meet me after 10 year

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Mj sd May 16, 2022 6:55AM ET

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next bitcoin is pie network meet me after 10 year

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Rayees Alrayees May 15, 2022 7:36AM ET

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Time to sale

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Iulian gabriel Rusu May 14, 2022 3:24PM ET

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40.0000 maxim stek 2025

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Jeb is a Mess May 12, 2022 1:59AM ET

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this was 6 dollars in 2020 low, crazy, should go back there

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Manuel Hardesty May 07, 2022 9:19PM ET

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BNB is a good hold now but you know how a single market can be slow, I came across Jason's comment here and I asked if I could pick his brains. He insisted I don't give up and get hands on authentic strategies like mirror trading. Long story short, 2 years in mirror trading and I'm yielding 800K/yr. Thanks "sensei" as I call him

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Leading Cryptocurrencies

Bitcoin $28,827.8 BTC -1.95%
Ethereum $1,759.29 ETH -6.55%
Tether $0.9992 USDT -0.01%
USD Coin $1.0011 USDC +0.01%
XRP $0.38808 XRP -2.30%

Electronic Energy Ongoing (1)
GrounderCoin Completed (500)

FAQ

How to buy Binance Coin
Binance Coin can be purchased from more than 50 top crypto exchanges and brokers globally. However, many users prefer using the Binance crypto exchange to buy the asset. To buy Binance Coin on the Binance crypto exchange platform, you will need to sign up and submit the necessary documents to meet the required Know Your Customer (KYC) process. Once this is done, you can buy Binance Coin either through the ‘Spot’ trading option or through the Peer-to-Peer (P2P) platform.
What is Binance Coin?
Binance Coin is a digital asset created by the Binance Bitcoin exchange to serve as a discount token for traders using the Binance platform. Binance Coin initially launched on the Ethereum network as an ERC-20 token but has since been transferred to the Binance Smart Chain (BSC) and now operates as a BEP-20 token. Binance Coin is famously known by the BNB ticker symbol, and the utility token has gained blockchain prominence for two major reasons. First, it serves as the de facto currency for all projects building on the BSC ecosystem. Another is the “burn” mechanism, which sees one-fifth of the total BNB in circulation permanently destroyed.
How does Binance Coin work?
Binance Coin was principally created as a discount token for traders, but the use cases of the asset have expanded. Binance Coin is now the digital liquid token used for all Binance Smart Chain (BSC) ecosystem transactions. It is also used to book travel tickets, pay for loans, purchase new coins listed on the Binance Launchpad, and several other things.
How to mine Binance Coin
Binance Coin cannot be mined because all the BNB coins have been pre-mined at its launch in 2017. Although the coin does not operate on a Proof-of-Work (PoW) consensus protocol like Bitcoin, the only exception to mining the Binance Coin is through a mining software called unMineable. This process allows you to mine coins that are not PoW, and you can later switch them to your preferred asset.
Why was Binance Coin invented?
Binance Coin was a brave effort by the Binance crypto exchange team to increase its brand awareness and marketing efforts. The digital asset allows Binance to reward traders by cutting down on their trading fees. So far, Binance Coin has achieved its goals as more traders use it to further cut down on the 0.10% fees they have to pay for using the Binance crypto exchange.
What technology does Binance Coin use?
Binance Coin was initially built using the Ethereum blockchain before it migrated to the Binance platform. It now runs in tandem with the Binance Chain, which sports the Binance decentralized exchange (DEX) platform and Binance Smart Chain (BSC). BSC comes with smart contract capabilities useful in developing blockchain-based applications used in decentralized finance (DeFi) and non-fungible tokens (NFTs).