Current BNB Price Overview
- USD Price: $307.60 per BNB
- Market Cap: $4.799 billion
- Circulating Supply: 155.86 million BNB
- 24-Hour Trading Volume: $483 million
- 7-Day Price Change: -5.44%
- Today's Price Range: $307.10–$309.00
👉 Track real-time BNB price alerts
Key Market Insights
Digital currencies have experienced significant volatility recently. After recovering from earlier downturns, BNB now trades at $307.60, though it remains 5.44% lower over the past week.
BNB to CNY Conversion
- Current Rate: 1 BNB = ¥2,143.66
- 24-Hour Volume: ¥3.355 billion
- 24-Hour Change: -1.69%
- Market Rank: #4 (¥334.111 billion market cap)
What Is Binance Coin (BNB)?
Launched in 2017 via an ICO, BNB is the native token of Binance, the world’s largest cryptocurrency exchange. Initially an ERC-20 token, BNB migrated to Binance Chain in 2019, transitioning to a BEP-2 standard.
Key Use Cases:
- Trading Fee Discounts: Save up to 25% on Binance fees when paying with BNB.
- Token Sales: Participate in Binance LaunchPad offerings.
- Decentralized Exchange (DEX): Primary currency for Binance DEX transactions.
Frequently Asked Questions (FAQs)
1. Can BNB be mined?
No. Binance Chain uses a Byzantine Fault Tolerance (BFT) consensus mechanism, replacing mining with validator-based block verification.
2. What is BNB Burn?
Binance periodically destroys BNB tokens based on trading volume—reducing supply to increase scarcity. Since 2019, burns occur on Binance Chain (not Ethereum).
3. Where can I trade BNB?
BNB is available on major exchanges like Binance, OKX, and KuCoin.
👉 Compare BNB prices across platforms
Price Analysis Tools
- BNB/USD & BNB/CNY Charts: Monitor trends with candlestick and rainbow charts.
- Exchange Comparisons: Check arbitrage opportunities across 10+ trading platforms.
Stay updated with the latest crypto trends—bookmark this page for daily BNB price updates!
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