BNB (BNB)$585.04
3.47% (24H)
Low $561.91
High $588.51
- Market Cap $89.96 B
- Volume $1.16 B
- Available Supply 153.86 M BNB
- ATH $686.31
- ATH(% Change) -14.98%
- ATH Date 2021-05-10
BNB current price is $585.04 with a marketcap of $89.96 B. Its price is 3.47% up in last 24 hours.
Binance Coin (BNB) serves as the cryptocurrency of the Binance exchange, emphasizing crypto-only trading without fiat options. Originating from a successful ICO and utilizing the ERC20 token standard, BNB is integral for paying various platform fees, offering significant discounts to incentivize its use. With a capped supply of 200 million coins and a strategic buyback and burn policy to enhance value, BNB plays a crucial role on Binance, extending beyond fee payments to function as gas for the platform's operations.
