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BNB

Binance (BNB) coin 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 the current Binance (BNB) price, create alerts, follow the BNB coin value analysis and get real time market data.

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1 BNB =

$ 216.30

+2.71 +1.27%

18:57:44 - Real-time Data . ( Disclaimer )

Market Cap:

$33.30B

Circulating Supply:

BNB153.85M

Max Supply:

BNB0

Vol (24H):

$383.13M

Chg (7D):

+2.76%

Day's Range:

214.30 - 217.49

Investing.com Index

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

BNB News

Circle challenges SEC's classification of stablecoins as securities

Circle challenges SEC's classification of stablecoins as securities Investing.comStock Markets

Circle, the issuer of USD Coin (USDC) stablecoin, filed a court argument on Friday, arguing that assets pegged to the U.S. dollar,...

North Korean hacker group Lazarus amasses $46m in digital assets

Stock Markets North Korean hacker group Lazarus amasses $46m in digital assets

Binance outlines transition plan after Paysafe's abrupt Euro deposit service termination

Stock Markets Binance outlines transition plan after Paysafe's abrupt Euro...

Binance urges European users to convert Euros to USDT amid Paysafe partnership termination

Stock Markets Binance urges European users to convert Euros to USDT amid...

Binance Incinerates $524 Million in BETH, Motive Remains Unclear

Stock Markets Binance Incinerates $524 Million in BETH, Motive Remains Unclear

BNB Analysis & Opinion

Crypto Market Fatigue Amid the Fed's Rate Hike Pause By Ulrik Lykke - Jun 16, 2023

Global markets experience a calmer outlook as inflation continues...

U.S. Bank Failures Keep Fueling Crypto Adoption By Frank Holmes - May 02, 2023

Cryptocurrency adoption in the U.S. increased amid fears of a...

Coinbase Reports Q4 Beat; 'Crypto Winter' Effect Lingers By Timothy Fries - Feb 22, 2023

While Coinbase’s (NASDAQ:COIN) earnings report managed to...

Bitcoin Above $19,000 as Crypto Market Cap Nears $1T By Timothy Fries - Jan 15, 2023 2

The crypto market held onto its gains Friday after rising sharply...

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Nitin Sarvaiya Jun 20, 2023 21:01

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👆

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Perpect Pc May 28, 2023 11:08

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345 ver soon

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ACP Pradyuman May 09, 2023 20:08

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good morning

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Amar Patel Dec 20, 2022 3:25

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Its rate is maintaining by cz.. Once he can't.. Its gonna be doomed to zero

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Crime Master Gogo Dec 16, 2022 19:47

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bnb is going to 50 dollars.. very bad chart

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Perpect Pc Dec 06, 2022 0:17

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Bought and hold

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Shâzû Røy Nov 18, 2022 20:52

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hii

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Walker Anthony Jun 07, 2022 5:16

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Do you wish to earn consistent income by trading crypto/Forex, here is a professional trader in crypto/Forex trading investment that can manage for individuals/corporate and generate profits on daily/weekly basis. Write 👉Trisha Donald on face📈book and via her Insta💢gram page👉trishadonald_official_fxtrade

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Sadik Hussain Mar 05, 2022 1:45

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hii

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Hameed Hameed Feb 27, 2022 16:35

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hallo

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Leading Cryptocurrencies

Bitcoin $26,996.5 BTC +1.92%
Ethereum $1,672.82 ETH +3.07%
Tether USDt $1.0001 USDT +0.07%
XRP $0.52820 XRP +5.40%
USD Coin $1.0001 USDC -0.07%

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).