Binance Coin price today.
Get information about the price of Binance Coin so you can make better buying or selling decisions
How the value of Binance Coin evolves
BNB's current ranking on the CoinMarketCap index is #4, with a market cap of $52,132,228,700 USD. You can find BNB available for buying and selling with an updated quote of its value and also check the charts with statistics that will show you its performance in the last weeks.
What is Binance Coin?
Binance Coin (BNB) is the native cryptocurrency of the Binance exchange platform and the engine of the Binance Chain and Binance Smart Chain ecosystem. From its origins in July 2017, it was intended to become a means for customers to pay lower trading costs on the site, but over the years BNB evolved and today the price of BNB fluctuates as individuals use and trade it. BNB was born on the Ethereum network and at its first offering 1 ETH was equivalent to 2,700 BNB.
3 reasons to choose Binance Coin
Scarce digital asset.
Each quarter Binance spends a portion of its revenue to repurchase and destroy the Binance Coins it holds in its reserve, in a process known as coin burning.
It has a complex security model based on different levels and clusters. In addition, the funds are backed by a secure asset fund (SAFU).
Users can buy cryptocurrencies like BNB through different platforms (e.g. CryptoMarket) and use them for internal transactions, payments, investment, exchange, etc.