Binance Coin ( BNB ) is a Digital Asset which is categorized as a Cryptocurrency Token and is Not Mineable Digital Asset. Binance Coin ( BNB ) Latest Price in USD
is $10.53 with a Loss of (-3.13 %)
in last 24 hours.Binance Coin ( BNB ) 24 hours Trade Volume in USD
is $57,980,417. Binance Coin ( BNB ) Market Capitalization in USD
is $1,486,397,243. Binance Coin ( BNB ) has a Circulating Supply of 141,175,490 BNB with a Max Supply of 189,175,490 BNB . Binance Coin ( BNB ) All Time High (ATH) Price in USD is - which was on - . Binance Coin ( BNB ) is ranked #10 by Market Capitalization with a market dominance of 1.12 . Most Traded pair of Binance Coin ( BNB ) is - on - Exchange with a 24 hours trade Volume of - which is 00.00% of total trade volume reported on - Exchange in past 24 hours. You can find more information about Binance Coin ( BNB ) at https://www.binance.com/
Binance was founded in 2017 by Changpeng Zhao Binance exchange issued its own token called the Binance Coin (BNB) in their ICO. It runs natively on the Ethereum blockchain and follows the ERC20 token standard The token was established with a total supply of 200 million. In addition, the coin enables customers to enjoy reduced fees when trading cryptocurrencies that are paired against BNB The token has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year) For token-holders, this provides an opportunity to enjoy reduced fees compared to those charged at other exchanges, which are usually levied in Bitcoin.