Binance Coin
Ƀ 0.00128200

increased (24h)

Volume (24h)
Circulating Supply
147,883,948 BNB

Binance Coin Calculator


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What is Binance Coin?

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters.

Binance Coin (or BNB) was created by Binance in 2017 as its utility token for discounted trading fees. Initially issued as an ERC20 token, Binance Coin has since become the native token of the main Binance Chain blockchain. Binance Coin can also be used to pay for travel expenses (such as hotels and flights booking), to buy virtual gifts, to shop using a credit card, and more.

Binance Coin is a cryptocurrency with a price of $42.54 and marketcap of $6,290,723,430. Binance Coin's market price has increased 1.61% in the last 24 hours. It ranks 10 amongst all cryptocurrencies with daily volume of $552,564,609.

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