Coins: 10053 Exchanges: 936 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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BNB price

BNB Price (BNB)

$544.30

0.05%
Rank #5

BNB Price Chart (BNB/USD)

Last updated 18 Apr 2024, 08:17AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance BNB / USDT $245.16 0.04% $116,875,326
2 Vindax BNB / USDT $268.26 1.40% $52,190,964
3 Vindax BNB / ETH $268.10 2.95% $24,069,293
4 Binance FTT / BNB $340.13 0.38% $21,618,636
5 P2PB2B BNB / USDT $245.18 0.04% $16,623,511
6 Digifinex BNB / USDT $245.01 0.04% $13,780,866
7 Binance BNB / BUSD $245.17 0.04% $12,678,425
8 Pionex BNB / USDT $247.71 0.12% $12,271,480
9 Huobi Global BNB / USDT $244.88 0.04% $11,401,808
10 Azbit BNB / USDT $245.12 0.04% $10,983,004
11 Vindax BNB / BTC $269.95 0.43% $10,791,501
12 XT.COM BNB / USDT $245.14 0.04% $9,358,283
13 Binance BNB / BTC $245.04 0.01% $9,275,663
14 Tidex BNB / USDT $245.06 0.14% $8,974,319
15 CoinW BNB / USDT $245.06 0.06% $8,852,826
16 LBank BNB / USDT $245.28 0.04% $8,445,704
18 Bitrue BNB / ADA $245.73 1.00% $7,087,237
19 BingX BNB / USDT $244.91 0.05% $6,257,877
20 QMall BNB / USDT $245.06 0.06% $5,521,296
21 Bitget BNB / USDT $245.03 0.02% $4,716,793
22 Coinsbit BNB / USDT $245.29 0.04% $3,773,456
23 KuCoin BNB / USDT $244.95 0.01% $3,693,659
24 CITEX BNB / USDT $245.15 0.04% $3,489,551
25 OKX BNB / USDT $245.24 0.02% $3,303,890
26 Bitrue BNB / BTC $245.75 0.72% $3,301,149
27 Coinstore BNB / USDT $245.25 0.33% $3,192,365
28 AscendEX (BitMax) BNB / USDT $245.03 0.12% $3,104,415
29 Coinsbit BNB / USD $245.06 0.24% $3,015,244
30 Binance BNB / TUSD $245.28 0.04% $2,855,354
31 Oceanex BNB / VET $270.84 0.05% $2,731,559
32 Binance BNB / EUR $247.37 0.04% $2,696,453
33 Bitrue BNB / USDT $245.31 0.04% $2,560,308
34 Binance CAKE / BNB $336.77 0.25% $2,539,871
35 Gate.io BNB / USDT $245.06 0.01% $2,443,405
36 LocalTrade BNB / USDT $313.93 0.02% $2,419,712
37 Binance EDU / BNB $314.36 0.40% $2,363,972
38 Fameex BNB / USDT $245.05 0.04% $2,194,210
39 Bitci BNB / TRY $247.63 0.55% $2,143,304
40 BitMart BNB / USDT $245.14 0.07% $2,116,168
41 CoinTiger BNB / USDT $211.84 0.41% $2,040,344
42 AscendEX (BitMax) BNB / BTC $245.33 1.24% $1,998,547
43 Binance BNB / ETH $245.11 0.08% $1,929,397
44 Oceanex BNB / USDT $270.38 0.05% $1,852,054
45 Bybit (Spot) BNB / USDT $244.87 0.01% $1,800,500
46 Tidex BNB / BTC $245.07 0.02% $1,566,475
47 Bitci BNB / USDT $245.35 0.45% $1,403,333
48 Toobit BNB / USDT $247.83 0.04% $1,351,294
49 LBank BNB / ETH $245.28 0.08% $1,308,907
50 P2PB2B BNB / USD $245.40 0.37% $1,257,935

BNB Price Statistics

$517
24H Range
$554
  • BNB Price Now $544
  • 24h Low / 24h High $517 / $554
  • Trading Volume $2,048,635,945
  • Market Cap Rank #4
  • Market Cap $83,660,101,484
  • Volume / Market Cap 0.0245
  • All-Time High $686 -20.77%
    May 10, 2021
  • All-Time Low $0 1,365,471.59%
    Oct 19, 2017


Binance Coin (BNB): The Native Coin of the Binance Chain

Binance Coin (BNB) is the native coin of the Binance exchange and the Binance chain. Since its launch in 2017, BNB has grown in popularity and use cases, making it one of the leading cryptocurrencies in terms of market capitalization. This article explores Binance Coin, its underlying technology, and its role within the Binance ecosystem.

What is Binance Coin?

Binance Coin (BNB) is a cryptocurrency that was created by Binance, one of the world's largest cryptocurrency exchanges. Initially, it was issued on the Ethereum blockchain as an ERC-20 token before migrating to Binance's proprietary blockchain, Binance Chain, in 2019.

The Utility of Binance Coin

BNB has multiple uses within the Binance ecosystem. It can be used to pay for trading fees on the Binance exchange, participate in token sales on Binance Launchpad, and more. BNB is also used as a native token on Binance Chain to facilitate transactions and pay for fees on this blockchain.

Tokenomics of Binance Coin

The initial supply of BNB was 200 million tokens. However, Binance follows a schedule of quarterly "burns" where a portion of the circulating BNB is destroyed, reducing the total supply and potentially increasing the scarcity of the remaining tokens.

Binance Coin Beyond Binance

Outside of the Binance ecosystem, BNB is increasingly being accepted by merchants for goods and services, further expanding its utility. Moreover, other platforms have started to integrate BNB into their systems, recognizing the growing influence of the Binance ecosystem.

Conclusion

As the native coin of the Binance Chain and the Binance exchange, BNB has solidified its place in the crypto market. Its wide range of uses within and outside of the Binance ecosystem helps maintain its relevance and value. However, like any cryptocurrency, potential investors should conduct thorough research and consider all risk factors before investing.