The live price of BNB is - per (BNB / USD) with a current market cap of $90.98B USD. 24-hour trading volume is - USD. BNB to USD price is updated in real-time. BNB is -% in the last 24 hours with a circulating supply of 140.89M.
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Today | - | 0% |
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Binance Coin (BNB) is the cryptocurrency that powers the entire BNB Chain ecosystem. It is also the native token of the BNB Beacon Chain and BNB Smart Chain and can be used for payment and trading on the Binance cryptocurrency exchange.
As one of the most popular utility tokens in the world, Binance Coin has rich use cases and a wide range of uses.
BNB came into being through the Initial Coin Offering (ICO) event held from June 26 to July 3, 2017. 11 days later, Binance exchange officially opened trading. Its initial offering price was 1 ETH and 1 BTC, which could be exchanged for 2,700 BNB and 20,000 BNB respectively. Although BNB was issued through the ICO, BNB holders are not shareholders of Binance or investors in Binance.
BNB has a wide range of uses both inside and outside the BNB Chain ecosystem. BNB was originally issued as an ERC-20 token on the Ethereum blockchain, but has now been transferred to the BNB Chain main chain. The initial total supply of BNB is 200 million, and after multiple destructions, the number has gradually decreased. The current price of BNB can be obtained and updated in real time on Binance.
The initial maximum supply of BNB tokens is 200 million. After periodic destruction, the supply is 153,857,035 at the time of writing.
BNB was launched through the Initial Coin Offering (ICO) held from June 26 to July 3, 2017. Eleven days later, Binance trading platform officially opened for trading. Zhao Changpeng and co-founder He Yi co-founded Binance and then developed it into the world's largest cryptocurrency exchange in just 180 days.
BNB has rich use cases and a wide range of application scenarios. For example, it can be used to enjoy trading fee discounts on Binance exchange, pay trading fees on Binance DEX (decentralized exchange), BNB Beacon Chain and BNB Smart Chain, purchase goods and services online or offline (payment methods such as Binance Card or Binance Pay can be used), book hotels, flights, etc. on Travala.com; it can also be used as a community utility token on the BNB Chain ecosystem (such as games and DApps), participate in token sales on Binance Launchpad, donate to Binance Charity, or provide liquidity in Binance Liquidity Mining.
BNB has a wide range of use cases, including trading fee discounts, payment of trading fees, staking or participating in token sales. Binance will periodically destroy a portion of BNB tokens to remove them from circulation, thereby gradually reducing the total supply of BNB and increasing the value of the token.
As the utility token of the world's largest cryptocurrency exchange, BNB is widely used both inside and outside the Binance ecosystem, and has mature use cases.
Please check out our BNB price prediction page to get your price target. The data shown here is based on user-provided information and does not represent Binance's opinion.
BNB can be purchased directly from Binance using a debit or credit card. BNB can also be traded for other cryptocurrencies on the Binance exchange. BNB prices are updated in real time on Binance.
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