BNB BNB #4

$616.41

+0.07%1h +1.16%24h -3.41%7d -0.26%30d

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24H Range$599.51 — $618.51

$599.51$618.51

All-Time Range$0.0398 — $1,369.99

ATL $0.0398
Oct 19, 2017ATH $1,369.99
Oct 13, 2025

Market Cap

$84.05B

Rank #4

24H Volume

$1.09B

Circulating Supply

136,357,091

BNB

Max Supply

200,000,000

All-Time High

$1,369.99

Oct 13, 2025

All-Time Low

$0.0398

Oct 19, 2017

From ATH

-55.01%

vs ATH

Vol / Mkt Cap

1.30%

Liquidity

Price Performance

+0.07%

24H

+1.16%

-3.41%

30D

-0.26%

+1.80%

ATH

-55.01%

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About BNB (BNB)

BNB (Build and Build, formerly Binance Coin) is the native cryptocurrency of the Binance ecosystem — the world's largest crypto exchange by trading volume. Originally launched as an ERC-20 token on Ethereum in 2017, BNB migrated to its own blockchain — BNB Chain (formerly Binance Smart Chain) — in 2019. BNB serves multiple purposes: paying trading fees on Binance at a discount, powering transactions on BNB Chain, participating in token sales on Binance Launchpad, and as collateral in DeFi applications.

How BNB Works

BNB Chain uses a Proof of Staked Authority (PoSA) consensus with 21 active validators, enabling fast ~3 second block times and very low fees. BNB has a quarterly burn mechanism where Binance uses 20% of profits to buy back and burn BNB tokens until 50% of the total supply (100 million BNB) is destroyed. This deflationary mechanism has burned tens of millions of BNB since launch.

What Makes BNB Unique

Native token of world's largest crypto exchange
Deflationary — quarterly burns reduce supply permanently
Low fees and fast transactions on BNB Chain
Huge DeFi ecosystem on BNB Chain (PancakeSwap, Venus etc.)
Used for Binance Launchpad token sale participation

BNB today: Current price is $616.41 (+1.16% in 24H) with a market cap of $84.05B — ranked #4 globally.

✅ BNB Pros

Strong utility within the massive Binance ecosystem
Quarterly token burns reduce supply over time
Low transaction fees on BNB Chain
Wide acceptance across hundreds of DeFi protocols
Stable backing from world's largest crypto exchange

❌ BNB Cons

Highly centralized — controlled by Binance
Regulatory risks affecting Binance affect BNB directly
Not as decentralized as Bitcoin or Ethereum
BNB Chain has fewer validators (21) than most blockchains

How to Buy BNB (BNB)

BNB is best purchased on Binance itself, where it offers trading fee discounts. It is also available on KuCoin, Gate.io, and other exchanges. Store BNB in Trust Wallet (created by Binance) or MetaMask configured for BNB Chain. Hardware wallet support available through Ledger.

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Frequently Asked Questions — BNB

What is BNB used for? +

BNB is used to pay trading fees on Binance exchange (with 25% discount), as gas for transactions on BNB Chain, for participating in Binance Launchpad token sales, as collateral in BNB Chain DeFi protocols, and for various services within the Binance ecosystem.

What is BNB burn? +

Every quarter, Binance uses 20% of its profits to buy BNB from the open market and permanently destroy (burn) the tokens. This continues until 100 million BNB (50% of original supply) are burned. The auto-burn mechanism adjusts based on BNB price and blocks produced.

Is BNB Chain the same as Binance Smart Chain? +

Yes. Binance Smart Chain (BSC) was rebranded to BNB Chain in 2022 to reflect its evolution beyond just Binance's exchange chain. BNB Chain now includes the BNB Beacon Chain and BNB Smart Chain, with plans for further expansion.

Is BNB a good long-term investment? +

BNB's value is closely tied to Binance's business performance and the broader crypto market. As long as Binance remains the dominant exchange and BNB Chain hosts active DeFi activity, BNB has fundamental utility. However, regulatory risks to Binance are a significant consideration.

How do I use BNB to save on trading fees? +

On Binance exchange, enable the "Use BNB to pay fees" option in your account settings. You will automatically receive a 25% discount on all spot trading fees when you have sufficient BNB balance.