BNB$BNB Coin, also known as Binance Coin, is a cryptocurrency created by the popular cryptocurrency exchange Binance. Launched in July 2017, BNB has grown to become one of the top cryptocurrencies by market capitalization.
Details:
- *Current Price*: $606.01 (1.45% increase in the last 24 hours)
- *Market Capitalization*: $85.38 billion (ranking #5 on CoinMarketCap)
- *Circulating Supply*: 140.88 million BNB coins
- *Maximum Supply*: 200 million BNB coins (as per CoinGecko)
*Uses of BNB:*
- *Reduced Trading Fees*: 25% discount on trading fees when paid in BNB on Binance
- *Binance Account Tier*: VIP tiers with additional fee discounts and perks for users with significant BNB balances
- *Dust Conversion*: converting small amounts of cryptocurrencies to BNB
- *IEO Lottery*: participating in Initial Exchange Offerings (IEOs) using BNB
- *Payments*: using BNB for various payments, such as travel, credit card fees, and gifts
*Where to Buy BNB:*
- *Binance*: the most popular exchange for buying and trading BNB
- *MEXC*: another popular exchange for trading BNB
- (link unavailable) a cryptocurrency exchange that supports BNB trading ¹#BitcoinReserveDeadline #StrategicBTCReserve
