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BNB (BNB)

BNB (BNB)

The price of BNB is $512.86, a -10.01% change over the last 7 days. Learn more about BNB’s price history, how it works, and how to invest.

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Updated: Jun 18, 2024
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Overview
Markets
Historical Data
Price Statistics
BNB price today
24h Change $15.18
24h Low $504.55
24h High $519.40
Market Cap $75.69B
Trading Volume (24h) $2.01B
Market Dominance 3.59%
Market Rank #4
Circulating Supply 147.58M
Max Supply -

BNB markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
1
Binance Binance
BNB/USDT $517.56 $3,063,707.00 $1,595,378.53 106,830,871 Recently
2
Binance Binance
BNB/BUSD $245.64 $355,014.43 $423,813.41 3,257,547 Recently
3
Binance Binance
BNB/BTC $517.77 $3,192,821.13 $1,523,954.19 15,785,675 Recently
4
KuCoin KuCoin
BNB/USDT $517.36 $216,523.21 $266,031.02 1,880,548 Recently
5
Binance Binance
BNB/ETH $518.00 $218,223.07 $501,590.28 898,282 Recently
6
Binance Binance
BNB/TUSD $517.26 $14,989.46 $14,485.22 405,552 Recently
7
Binance Binance
BNB/EUR $518.14 $71,644.88 $43,190.08 786,933 Recently
8
Binance Binance
BNB/TRY $518.42 $40,484.58 $44,447.05 1,624,082 Recently
9
Binance Binance
LTC/BNB $65.89 $23,165.69 $10,126.74 32,632 Recently
10
Binance Binance
XRP/BNB $0.43324 $28,465.27 $43,906.74 150,524 Recently
1
Binance Binance
BNB/USDT $517.59 - - 283,966,338 Recently
2
Binance Binance
BNB/USD $517.41 - - 76,727,490 Recently
3
Binance Binance
BNB/BUSD $229.71 - - 2,462,371 Recently
4
KuCoin KuCoin
BNB/USDT $519.59 - - 1,353,204 Recently
5
BitMEX BitMEX
BNB/USD $517.76 - - 292,676 Recently
6
OKX OKX
BNB/USDT $517.69 - - 43,095,459 Recently
7
Bybit Bybit
BNB/USDT $517.44 - - 40,690,114 Recently
8
Huobi Huobi
BNB/USDT $213.67 - - 8,619,581 Recently
9
Gate.io Gate.io
BNB/USDT $517.24 - - 5,311,689 Recently
10
Poloniex Poloniex
BNB/USDT $517.95 - - 2,516,545 Recently
No data found
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About BNB

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Resources

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What is the BNB price today?

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The BNB price is currently $512.86. The price of BNB is -23.49% over the last 30 days. You can use the live BNB chart to track the BNB/USD price in real time above, or compare the BNB value today to its past performance using the BNB price history tab at the top of this page.

What is the total supply of BNB?

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The circulating supply is 147,582,614.40 BNB, out of a total maximum supply of 0.00 BNB.

What is the price prediction for BNB?

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The average Binance Coin price prediction values the coin at $500 by the end of 2025. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all impact the price.

What is BNB?

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The clue is in the name: Binance Coin – or BNB for short – is the native coin of the Binance cryptocurrency platform. It covers transaction and listing fees and can also be used as an independent store of value or currency of exchange.

How does BNB work?

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The Binance coin works by storing a history of all its movements and transactions on a publicly available blockchain. The coin was originally released on the Ethereum blockchain but has since been moved onto Binance’s own chain, so a complete history of the coin is recorded there.

The value of a blockchain is that it replaces the need for a central authority, like a bank, to monitor and approve transactions. Instead, when someone wants to spend BNB, the blockchain can simply check that everything is as it seems and allow it.

How is the BNB network secured?

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The Blockchain that BNB runs on also secures the network. The Binance Smart Chain uses a hybrid consensus algorithm called proof of staked authority (PoSA). This means that other users on the network, known as validators, secure and verify transactions. However, unlike other blockchains, such as Ethereum, which has over 70,000 validators, BSC only supports 41.

What is BNB used for?

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Having started as a pure utility token designed to pay Binance transaction fees, BNB’s segue into its own native blockchain, the Binance Smart Chain, massively expanded its range of use cases. BNB is used to pay listing and transaction fees on Binance and has become popular as a general store of value. It is possible to use BNB as a means of payment for various purchases, including holidays and physical goods.

It is also used by short-term traders and long-term investors as a speculative asset. Like many cryptos, BNB can be volatile in its price movements, making it a good option for astute traders.

Why does BNB have value?

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BNB has value for multiple reasons. First, it uses an auto-burn system to reduce its total supply of coins. As time progresses and fewer coins are available, they will be expected to become more scarce and valuable. The Binance Coin is also the third largest crypto with a flourishing network of cryptocurrency projects. The Binance Smart Chain has become the base for many up-and-coming cryptocurrencies thanks to its suitability for mass adoption and low transaction costs.

Who created BNB?

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The Binance Coin was created by Binance, a company that runs the world’s largest cryptocurrency exchange. Binance was created by Changpeng Zhao, a former developer who used to make high-frequency trading software for the stock market. BNB was launched in July 2017.

Where can I buy BNB?

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You can buy BNB on either a centralised cryptocurrency exchange (CEX) or decentralized exchange (DEX), depending on its availability. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock trading platform.

Our guide on how & where to buy BNB explains step-by-step exactly how to get started with a reliable crypto exchange, or via one of the most popular decentralized exchanges.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

Are there any other ways to invest in BNB?

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The simplest way to invest in BNB is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF or a crypto fund. These are financial instruments that give you exposure to a group of leading cryptocurrencies, more suited to high net worth individuals.

Are there any BNB alternatives?

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There are many Binance Coin alternatives and many cryptocurrencies have attempted to imitate it. Binance Coin is one of the most popular cryptos, but others have tweaked the code to offer something different.

  • Huobi Token. Huobi Token is the native coin of the Huobi exchange.
  • 0x Protocol. The 0x protocol allows anyone to buy decentralised apps.
  • Ethereum. Ethereum is the network BNB was originally built on.

FAQs

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How many BNB does CZ own?
Has Binance Coin been hacked?
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.

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