Binance Coin

Binance Coin(BNB) Price

$1,091.45 +0.38%
USD

Price of Binance Coin(BNB) Today

The live price of Binance Coin (BNB) is $1,091.45.The current market capitalization stands at $150.34B, with a 24-hour trading volume of $937.28M.Binance Coin has experienced +0.38% in the last 24 hours and has a circulating supply of approximately 137.74M.These figures are updated in real-time to provide the most accurate market data.

BNB Price Data

24h Vol :
$937.28M
All Time High :
$1,369.99
24h High :
$1,096.09
Issue Price :
$0.15
24h Low :
$1,082.05
Price Change(1h) :
+0.23%
Price Change(24h) :
+0.38%
Price Change(7d) :
-2.55%

BNB Market Cap Stats

Market Cap :
$150.34B
24h volume/market cap :
160.40%
Fully Diluted Market Cap :
$151.80B

BNB Supply

Circulating Supply :
137.74M
Circulation Rate :
100.00%
Total Supply :
137.74M

Binance Coin(BNB) Price Movements

PeriodAmount ChangeChange (%)
Today+$4.17+0.38%
7 Days-$28.53-2.55%
30 Days-$3.59-0.33%

Binance Coin(BNB) Security Assessment

0.00
Reliability Score

About Binance Coin(BNB)

From the ICO, Binance issued its own coin called the Binance Coin, with BNB as the symbol. BNB runs natively on Binance chain. The coin was established with a total supply of 200 million. Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. The BNB coin itself 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). - Crypto.com has included support for Binance’s BNB token to its platform which includes the MCO Visa Card and mobile app.

Team Members

Changpeng Zhao
Changpeng Zhao
Co-Founder
Yi He
Yi He
Co-Founder Chief Customer Service

Investors

Google Cloud

Social Stats

Popularity in posts :#33
Contributors :3,241
Posts :3,241
Talk about BNB(%) :0.37%
Articles :21
Sentiment :Bullish

3241 unique individuals are talking about BNB and it is ranked 33rd in most mentions and activity from collected posts. In the past 24 hours, the sentiment toward BNB across all social media has been Bullish. Finally, 21 news articles have been published about BNB. On Twitter, 32.10% of tweets had bullish sentiment compared to 7.98% of tweets with bearish sentiment about BNB. 59.92% of tweets were neutral about BNB. These sentiments are based on 49,648 tweets.

Bulls say

BNB benefits from Binance’s leading position, strong ecosystem, utility for fees and DeFi, regular token burns, and increasing adoption, supporting its long-term growth potential.

Bears say

Limited ecosystem growth, increased regulatory scrutiny on Binance, potential sell pressure from token unlocks, competition from other chains, and uncertain long-term utility may contribute to a bearish outlook for BNB.

Binance Coin(BNB) Conversion Rate

    BNB
    USD
    1 BNB to USD
    $1,091.45

Binance Coin(BNB) News

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FAQ

What is BNB used for?

BNB is a utility token with wide-ranging use cases. It's used to pay trading fees on Binance, cover gas fees on BNB Smart Chain (BSC), and access DeFi services, NFT platforms, and Web3 dApps. BNB is also used for staking, participating in token sales on Binance Launchpad, and even making real-world payments through supported merchants.

Is BNB the same as Binance?

Not exactly. BNB is the native token of the BNB Chain ecosystem, while Binance is the centralized exchange that created and launched BNB in 2017. Although Binance still plays a major role in BNB’s ecosystem, the BNB Chain is a decentralized, open-source blockchain platform, and its future direction is increasingly governed by validators and community proposals.

What’s the difference between BNB Beacon Chain and BNB Smart Chain?

The BNB Beacon Chain handles governance functions such as staking and validator elections. The BNB Smart Chain (BSC) is EVM-compatible and supports smart contracts and dApps, similar to Ethereum. Users typically interact with BNB Smart Chain when using wallets like MetaMask or Trust Wallet to access DeFi protocols.

Does BNB have a limited supply?

Yes. BNB has a maximum supply of 200 million tokens, but that supply is actively reduced through quarterly token burns and gas fee burning. Binance has committed to eventually burning 50% of the total supply, making BNB deflationary over time. This model aims to increase scarcity and support long-term value.

Where can I buy and store BNB?

You can buy BNB directly on Phemex, and we’ll securely hold it on your behalf as a custodial exchange. You can also use other cryptocurrency like USDT to trade BNB on the Phemex spot market. After acquiring BNB, it will be held in your Phemex spot wallet which boasts meticulous security mechanisms.

Disclaimer

Cryptocurrency prices are highly susceptible to market risk and volatility. You should invest only in products you are familiar with and fully understand the associated risks. The information provided on this page is for informational purposes only and does not constitute investment advice. It is not a recommendation to buy or sell any specific digital asset or adopt any particular investment strategy. Phemex makes no claims regarding the accuracy, suitability, or validity of any information provided or any particular asset. For further information, please refer to our Terms of Use and Risk Disclosure.

Please be aware that data related to the aforementioned cryptocurrency (such as its current live price) is derived from third-party sources. It is presented to you "as is" for informational purposes only, without any representation or warranty of any kind. Links to third-party sites are not under Phemex’s control. The content expressed on this page is not intended to and should not be construed as an endorsement by Phemex of the reliability or accuracy of such content. For further information, please refer to our Terms of Use and Risk Disclosure.