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Explore the most relevant and up to date analysis and opinion on BNB, provided by professional cryptocurrency analysts and contributors.

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1 BNB =

$ 330.48

+5.28 +1.62%

09:36:42 - Real-time Data . ( Disclaimer )

Market Cap:

$54.08B

Circulating Supply:

BNB163.28M

Max Supply:

BNB165.12M

Vol (24H):

$2.07B

Chg (7D):

+10.68%

Day's Range:

327.40 - 337.39

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Sibusiso Nhlapo Jul 23, 2021 8:55

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South African banks no longer allow international crypto purchases. Best buy via luno or Valr

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ntongy Kelvin Jul 12, 2021 11:02

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please help how can I start trade with coins

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SA Kachi Jul 12, 2021 11:02

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Download binance app and register

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Adam Adam Apr 27, 2021 8:00

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How do you 1 start trading with binance coin

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Dragon Cryptocurrency Dec 09, 2019 7:52

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XRP 》》1.8$ 》》30$ Yesterday 08 Dec 2019: day time and weeks time frame confirmed XRP is going to go UP. Kindly remind: if you look back history: on 08 Dec 2017.XRP start run from 0.2$ to 3.6$ at 04 Jan 2018.Circle of XRP is two year.

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edgar mokhuse Sep 21, 2019 12:50

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one of the best performing tokens...

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Xolani Dlamini Aug 21, 2018 23:29

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I didnu0027t know Binnance coin until today

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Mpumzi Makohliso Aug 21, 2018 23:29

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Itu0027s coming strong

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Leading Cryptocurrencies

Bitcoin $29,734.7 BTC +1.38%
Ethereum $1,976.28 ETH -0.22%
Tether $0.9995 USDT 0%
USD Coin $1.0011 USDC -0.01%
XRP $0.40749 XRP +0.09%

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).