BINANCECOIN Price
(BNB)
$652.71
1.1%
High / Low 24h
24hKey Metrics
Market Cap
96.6 billion
24h Trading Volume
604.6 million
Circulating Supply
145.9 million
Max Supply
200.0 million
BNB to USD
1 BNB = 652.71 USD
Last updated at 10:23 AM
The Binancecoin price today is $652.71, reflecting a, 1.100000% increase over the past 24 hours. With a 24-hour trading volume of $604.6 million and a market capitalization of $96.6 billion, Binancecoin maintains its position as the #5 ranked cryptocurrency by market cap. It currently dominates 2.7900% of the total crypto market.
Binancecoin reached an all-time high of $788.84 on December 4, 2024, and recorded its lowest price of $0.04 on October 19, 2017. The asset has a circulating supply of 145.9 million BNB out of a maximum supply of 200.0 million BNB.
Market sentiment remains optimistic, with the Fear & Greed Index showing a value of 66, indicating a state of, indicating a state of Greed.
Strengths
High liquidity on Binance exchange.
Strong ecosystem of services.
Low transaction fees for users.
Regular coin burn increases value.
Widespread adoption and partnership.
Weaknesses
Centralized control by Binance.
Regulatory scrutiny in key markets.
Competition from other exchanges.
Dependence on Binance's performance.
Market volatility risks for holders.
Binance Coin was introduced in 2017 as a utility token for the Binance exchange. Its primary purpose is to facilitate trading fee discounts and promote the Binance ecosystem, allowing users to access various services within the platform.
Binance Coin was created by Binance, founded by Changpeng Zhao. Binance is one of the largest cryptocurrency exchanges globally, and Zhao's expertise in fintech and programming played a vital role in the development and success of Binance Coin.
Binance Coin operates on the Binance Chain, a blockchain developed by Binance. This blockchain enables fast and secure transactions while supporting an ecosystem of decentralized applications, contributing to the overall functionality and appeal of Binance Coin.
Utility Token
Binance Coin serves as a utility token primarily for trading on the Binance platform, offering users reduced trading fees and access to new tokens through Binance Launchpad and other Binance services.
Burn Mechanism
The Binance Coin employs a deflationary model through a token burn mechanism, where a percentage of the total supply is regularly burned, thereby increasing the scarcity and potential value of the remaining tokens.
Diverse Use Cases
Beyond trading fee discounts, Binance Coin is used for various purposes, including purchasing travel services, entertainment, online services, and more, thereby expanding its utility and acceptance beyond the cryptocurrency market.
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BNB TRENDS
Live Data
Live BNB Prices
GBP
SGD
IDR
CAD
MYR
AUD
MXN
INR
Top BNB Price Today Conversions
BNB to CNY
1 BNB = 4813.04 CNY
BNB to BRL
1 BNB = 3599.17 BRL
BNB to PKR
1 BNB = 189712 PKR
BNB to USD
1 BNB = 662.09 USD
BNB to EUR
1 BNB = 564.43 EUR
BNB to CHF
1 BNB = 524.69 CHF
BNB to JPY
1 BNB = 93744 JPY
BNB to HKD
1 BNB = 5233.41 HKD
BNB to TRY
1 BNB = 25548 TRY
BNB to RUB
1 BNB = 52674 RUB
BNB to KRW
1 BNB = 903228 KRW
BNB to ZAR
1 BNB = 11631.22 ZAR
PRICE OF BNB IN USD
BNB
USD
1 BNB
$652.70940161
5 BNB
$3,263.54700805
10 BNB
$6,527.0940161
25 BNB
$16,317.73504025
50 BNB
$32,635.4700805
100 BNB
$65,270.940161
500 BNB
$326,354.700805
1000 BNB
$652,709.40161
5000 BNB
$3,263,547.00805
10000 BNB
$6,527,094.0161
50000 BNB
$32,635,470.0805
USD
BNB
1 USD
0.00153 BNB
5 USD
0.00766 BNB
10 USD
0.01532 BNB
25 USD
0.03830 BNB
50 USD
0.07660 BNB
100 USD
0.15321 BNB
500 USD
0.76604 BNB
1000 USD
1.53208 BNB
5000 USD
7.66038 BNB
10000 USD
15.32075 BNB
50000 USD
76.60377 BNB
