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BNB BNB

BNB Price (BNB)
$549.71
5.88% Buy BNB Now

0.1826 ETH

0.0087 BTC

Buy BNB Now
Low: $526.59
High: $595.58
24h
Market Cap
$82,200,159,226
5.88%
Fully Diluted Market Cap
$82,200,159,226
5.88%
Volume
24h
$2,118,343,777
6.04%
Volume / Market Cap
0.0258
Circulating Supply
149,534,143 BNB
Max Supply
--
Total Supply
149,534,143

BNB (BNB) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.97%

Joined at Jun 22, 2017

Following

582

0.00%

Tweet count

31,874

0.30%

BNB reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official BNB (BNB) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

BNB telegram
Telegram Stats
Visit Telegram

Members

0.07%

Title

Binance English

BNB traffic
Website Traffic
Visit Website

Website Rating (DR)

91 / 100

0.00%

Ahrefs Rank

873

0.11%

Organic Traffic (mo.)

14,080,540

20.04%

BNB github
GitHub Organization
Visit GitHub

Public repos

Created at Oct 13, 2017

Type

Organization

BNB github
GitHub Public Repository
Visit GitHub

Stars

0.03%

Watchers

489

0.00%

Forks

2,035

0.10%

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 11,725,605

Members: 165,862

Stars: 3,961


Live BNB Price Analysis

The current real time BNB price is $549.71, and its trading volume is $2,118,343,777 in the last 24 hours. BNB price has plummeted by 5.88% in the last day, and decreased by 5.76% in the last 7 days. It’s important to note that current BNB market capitalization is $82,200,159,226, Talking about circulating supply, BNB has 149,534,143 coins. Currently, BNB rank on the market is #4.

BNB price today is 11.29% below all time high, and it is 571,861.03% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling BNB are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is BNB?

BNB is the native token of Binance, which is one of the most popular exchanges in the crypto world. The successful operation of projects belonging to the ecosystem of Binance depends heavily on BNB coins. These projects include the Binance Wallet, Binance Chain, Binance Smart Chain, Binance Research, and Binance Academy.

The token is very beneficial for Binance as it attracted a vast amount of investors after it was launched and it is the driving force of the whole ecosystem. If you’re interested in the current BNB price, check out its price chart above.

However, even though the BNB crypto asset initially was an ERC-20 token based on the Ethereum blockchain, after creating the Binance Chain, it became the native token of the network.

During the time that BNB tokens were a part of the Ethereum network, they were secured by the Proof-of-Stake consensus mechanism. However, after Binance released its own blockchain, the consensus mechanism of the newly issued tokens was switched to Proof-of-Work

Besides that, the Tendermint byzantine-fault-tolerant (BFT) consensus mechanism also secures BNB coins. Essentially, it’s a distributed network's ability to attain agreement on the same value despite some nodes failing to reply or providing inaccurate information.

The Developers of Binance

Binance was founded by Changpeng Zhao, also known as CZ, in 2017. The project started with an Initial Coin Offering (ICO) for BNB coins, which raised $15 million.

Changpeng Zhao is the CEO of Binance. He has a lot of experience in the cryptocurrency sector due to the fact that he has been working with blockchain technology since 2013. Early in his career, he worked at Bloomberg Tradebook, where he created FinTech-based software. Besides that, CZ served as the CTO of OKCoin exchange, which was one of the most popular exchanges in China that exchanged fiat currencies for crypto assets.

Use Cases of BNB

One of BNB's primary objectives is to serve as the driving force of the Binance Chain. In addition to that, the Binance exchange requires BNB tokens for trading. However, there are a ton of additional use cases for BNB tokens apart from these two:

  • A way to improve the tier of a Binance account. You are able to get VIP status on your Binance account if you have a certain amount of BNB tokens in your account and your 30-day trading volume exceeds specific limits. This will provide you with additional discounts on fees and other benefits.
  • A way to reduce trading fees. BNB tokens can be used as a means to get discounts on Binance fees. You can get a 25% discount on transaction fees when using BNB tokens on Binance DEX.
  • The base of lottery allocations in IEO Lottery. Initial Exchange Offerings (IEO) on Binance are carried out utilizing lottery allocations based on the quantity of BNB held by users.
  • A currency used outside Binance. BNB tokens can be used to make a variety of payments, including those for virtual gifts, hotel bookings, and much more.
  • Crypto dust conversion. BNB tokens can be used to convert non-tradable cryptocurrency amounts, known as dust, lingering in Binance accounts. Dust is a small amount of cryptocurrency left behind from a trade or transaction.

Besides, you should check out the BNB price chart that is placed above since it displays the current, as well as the previous, BNB price.

Tokenomics of BNB

The max supply of BNB is 200 million tokens. During its ICO, 100 million tokens were allocated, allowing Binance to raise $15 million. At that time, the BNB price was $0.10 per token. The remaining half of the supply was distributed to founding members and the Binance team (40%), as well as to angel investors (10%).

Since the BNB token has a fixed number of tokens in circulation, it means that BNB is deflationary. In order to keep the BNB price from decreasing, it employs BEP-95 (Binance Evolution Proposal), which is a real-time burning mechanism. The burning of BNB coins is conducted once every three months. The worth of burned tokens depends on the BNB price at the time of burning. For instance, around $772 million worth of BNB tokens were burned on April 19, 2022 (during the 19th BNB Burn). Overall, Binance aims to reduce the total BNB supply to 100 million tokens.

What's BNB trading volume in the last 24 hours?

BNB has a trading volume of $2,118,343,777 in the last 24 hours.

What's BNB highest price ever?

BNB has a highest price of $619.70, which was reached on Apr 12, 2024 (2 days 5 hours ago).

What's BNB lowest price ever?

BNB has a lowest price of $0.0961, which was reached on Aug 01, 2017 (6 years 8 months ago).

What are the best exchanges for buying and selling BNB?

Currently, the most active and dominating exchanges for buying and selling BNB are Binance, Kraken & Kucoin. The most popular BNB trading pairs are BNB/USDT (on Binance ), BNB/BTC (on Binance ), BNB/USDT (on Gate.io ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping BNB?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping BNB. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

BNB project's Circulating Supply has been verified and is equal to:

Circulating Supply

149,534,143 BNB

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of BNB is $549.71

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