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  • Market Cap: $1,432,702,502,845.96
  • 24h Vol: $73,233,038,249.70
  • BTC Dominance: 49.75%

$587.79

1.85% (24H)
Low $565.41
High $591.78
  • Market Cap $90.22 B
  • Volume $1.88 B
  • Available Supply 153.86 M BNB
  • ATH $686.31
  • ATH(% Change) -14.56%
  • ATH Date 2021-05-10
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Date Price Volume MarketCap
# Exchange Pair Price Volume (24h) Updated Trust Score

BNB BNB price today is $587.79 💹 with a marketcap of $90.22 B. Its price is 1.85% up in last 24 hours.

What is BNB?

The native cryptocurrency of the Binance platform, one of the biggest and most recognized cryptocurrency exchanges in the world, is called Binance Coin (BNB). Changpeng Zhao (CZ) introduced Binance in 2017, and thanks to its straightforward user interface, extensive range of cryptocurrencies, and strong security features, it has quickly become a favorite among traders and investors.

The Binance Chain, a blockchain created especially for Binance and its ecosystem, is the platform on which BNB runs. BNB was first introduced as an ERC-20 token on the Ethereum network, but it later migrated to its own blockchain, which provided quicker transaction times and reduced transaction costs. BNB serves as a significant utility token within the Binance ecosystem, easing a number of operations and giving its owners extra advantages.

How does it work?

Inside the Binance ecosystem, BNB has many uses. First and foremost, it serves as a utility token for the Binance exchange's transaction fees. BNB is a cost-effective choice for traders because users can get large reductions when paying fees with it. BNB is also used as the main asset for taking part in token sales that are published on Binance Launchpad, a website for raising money and introducing new blockchain initiatives.

The Binance Smart Chain (BSC), a parallel blockchain network designed to facilitate the development of decentralized applications (DApps) and smart contracts, is also powered by BNB. When compared to other well-known blockchain networks, BSC is a compelling choice because it provides quick and affordable transactions. By acting as a method of payment for transaction fees and facilitating the interoperability of multiple decentralized applications, BNB plays a crucial role in the BSC ecosystem.

How to get BNB?

BNB acquisition is a simple procedure. Making an account on Binance, the top cryptocurrency exchange, is the first step. Once you've signed up, you may add money to your Binance account by buying BNB directly with fiat money or by trading other cryptocurrencies for BNB. With the vast selection of trading pairs provided by Binance, you may easily buy BNB using the cryptocurrency of your choice.

Additionally, there are other activities within the Binance ecosystem where you can earn BNB. The Binance Launchpad offers chances to take part in token sales, where you can use BNB to buy newly launched tokens. Additionally, Binance provides users with staking and savings options, enabling them to generate passive revenue by keeping BNB in their accounts. You can open up a variety of opportunities to buy and increase your BNB holdings by actively interacting with the Binance site.

BNB Price Live Data?

Our website, CryptoMarketCapNews, offers live data and in-depth charts to assist you make knowledgeable investment decisions so that you are always aware of the most recent price movements and trends for BNB. You can keep track of the current price, market capitalization, trading volume, and price history of BNB using our real-time price tracker. Explore our smart and user-friendly platform to stay ahead of the curve and make sure you never miss out on interesting chances in the cryptocurrency market.

conclusion

Binance Coin (BNB) has become a well-known cryptocurrency, driving the Binance ecosystem and reshaping the cryptocurrency industry. BNB provides consumers with a simple and affordable experience on the Binance exchange, Binance Smart Chain, and other related platforms with a wide range of utilities and advantages. By purchasing BNB, you may take advantage of this thriving cryptocurrency's potential and open up a world of opportunities in the constantly changing crypto scene. To stay informed and get the most out of your cryptocurrency experience, stay in touch with CryptoMarketCapNews.