Binance Coin coin price & infoCheck Binance Coin (BNB) up-to-date price information and discover similar coins to BNB based on volume or price.
Data last updated about 2 hours agoBNB All Time Low/High: €0.0335994 (+1556178%) / €583.17 (-10%)
Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance.
Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The pla...tform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing.
In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB.
The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance.
Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas.
Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.Read more
|Cryptocurrency: Binance Coin||Symbol: BNB||Binance: Buy BNB now|
|Market Cap: 2147483647||Rank: 3||Volume: 2909770000|
|You can buy BNB for||AUD, BNB, BTC, BUSD, DAI, ETH, EUR, GBP, TRY, USD, USDC, USDT|
Binance Coin (BNB) live price chart
Cryptos with similar price movements as BNB
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How big was Binance Coin coin volume within the last 24h?
Binance Coin (BNB) last recorded volume was € 2909770000.
How much has Binance Coin coin price changed during the last week?
BNB price has changed during the last 7 days 1.01082 %.
How much has Binance Coin price changed during the 30 days?
BNB price has changed during the last 30 days 34.5244 %.
How much has Binance Coin price changed during one year?
BNB price has changed during the last year 2110.04 %.
Is BNB coin close to its All Time High price?
BNB all time high price (ath) is €583.17. Its current price is €522.9. This means that the difference between Binance Coin (BNB) All Time High price and BNB current price is -10%.
What is the maximum price Binance Coin (BNB) can reach?
BNB has a current circulating supply of 168,137,036. Based on our calculation BNB could reach up to €5394.57 before it would have to overtake Bitcoin. So in theory the potential for growth is 10x its current value (€522.9). However, keep in mind that this is just a logical maximum potential price calculation for Binance Coin and in no way is it a prediction of any kind.