Details about Binance Coin (Wormhole) cryptocurrency
€83,434
3,384
11.496
Unknown
https://wormholenetwork.com/
@wormholecrypto
635313x
€359810000
Binance Coin (Wormhole) price charts
BNB exchanges
Binance Coin (Wormhole), the crypto
Binance Coin (Wormhole) (BNB) is a cryptocurrency created by the Binance exchange platform. It is used as a utility token that can be used to pay for transaction fees, trading fees, and other fees within the Binance ecosystem.
The point
The main point of Binance Coin (Wormhole) (BNB) is to provide a means of payment for fees within the Binance exchange platform. It is also used to incentivize users to hold and use Binance Coin on the platform through various benefits such as discounted trading fees and participation in token sales.
The problem
Binance Coin (Wormhole) (BNB) tries to solve the problem of high transaction and trading fees within the Binance exchange platform. By allowing users to pay fees with BNB, they can receive a discount on those fees, leading to lower overall costs. Additionally, Binance Coin incentivizes users to hold and use BNB on the platform, which can lead to increased liquidity and demand for the cryptocurrency.
Compare BNB and BTC performance
| Timeframe | BNB | BTC |
|---|---|---|
| 1h change | -0.709413 % | -0.0202794 % |
| 24h change | -0.93 % | -0.623027 % |
| 7 day change | 10.77 % | 3.57007 % |
| 14 day change | 5.77 % | -1.77664 % |
| 30 day change | 7.8 % | 0.907414 % |
| 200 day change | 172.57 % | 136.014 % |
| Year change | 60.16 % | 146.53 % |