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BNB

Binance Coin (BNB) is a type of digital cryptocurrency, introducing 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 =

$ 332.71

+8.61 +2.66%

00:23:28 - Real-time Data . ( Disclaimer )

Market Cap:

$52.57B

Circulating Supply:

BNB157.90M

Max Supply:

BNB200.00M

Vol (24H):

$519.44M

Chg (7D):

+6.48%

Day's Range:

332.20 - 333.30

Investing.com UK Index

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

BNB News

4 Bullish and 2 Bearish Considerations for Binance Coin (BNB) Heading into 2023 (Opinion)

4 Bullish and 2 Bearish Considerations for Binance Coin (BNB) Heading into 2023... CryptoPotato

Despite the attempted recovery at the beginning of the year, Binance clearly has many challenges in the outlook for 2023. However,...

Does Binance Have Deposit Limits?

Cryptocurrency Does Binance Have Deposit Limits?

TWT, Terra, and Solana headline 2022's top cryptocurrency gainers and losers lists

Cryptocurrency TWT, Terra, and Solana headline 2022's top cryptocurrency gainers...

Bitcoin slumps below $16k as lender Genesis warns of bankruptcy

Cryptocurrency Bitcoin slumps below $16k as lender Genesis warns of bankruptcy

Binance to launch 'industry recovery fund' for crypto, CEO says

Cryptocurrency Binance to launch 'industry recovery fund' for crypto, CEO says

BNB Analysis & Opinion

Bitcoin Above $19,000 as Crypto Market Cap Nears $1T By Timothy Fries - Jan 15, 2023 3

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

Crypto Price Analysis Jan-13: ETH, XRP, ADA, BNB, and SOL

Crypto Price Analysis Jan-13: ETH, XRP, ADA, BNB, and SOL

By CryptoPotato - Jan 13, 2023

This week, we take a closer look at Ethereum, Ripple, Cardano,...

Cardano Explodes To Record Highs. Will It Leave Bitcoin, Ethereum In the Dust? By Andy Hecht - Sep 02, 2021

This article was written exclusively for Investing.comCardano...

Binance Coin, Uniswap: 2 Success Stories Offering Crypto Liquidity By Andy Hecht - May 06, 2021 2

This article was written exclusively for Investing.comOnly eleven...

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Padman Sao Jan 26, 2023 14:48

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good

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AgbataEkwe Izuu Jan 18, 2023 8:40

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DXY is looking strong. From 306, we dropping back to 265.

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Sunil Kumar Jan 15, 2023 10:12

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BNB is moving towards 360 in short term

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Md Rubel Jan 03, 2023 12:36

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MD Rubel

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Fd Avenue Dec 19, 2022 11:41

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I think cz will try prop up the price , or jail time

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Ash Mart Dec 19, 2022 8:03

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Just seen the cnbc interview it is not good cz is lying bnb will crash get out while you can

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Fd Avenue Dec 18, 2022 11:46

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Definitely not are you joking ? So you never seen the interview on cnbc, cz could not answer most questions

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Cyrus Soleimani Dec 18, 2022 11:46

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but it looks like a growing one specially on binance

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Cyrus Soleimani Dec 18, 2022 4:42

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is bnb good for long term investment?

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Fd Avenue Dec 15, 2022 12:00

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Bnb coin dont look good next 255

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Ramzi Saade Nov 25, 2022 15:50

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definitely heading towards $1k

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Leading Cryptocurrencies

Bitcoin $23,242.9 BTC +1.97%
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Electronic Energy Ongoing (1)

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. Discover more about what crypto is and how it works in our Academy.
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).