$BNB BNB, also known as Binance Coin, is a cryptocurrency that powers the BNB Chain ecosystem. It's currently ranked #5 on CoinMarketCap with a live price of $698.71 USD, showing a 1.38% increase in the last 24 hours. The market cap stands at $97.22 billion, with a 24-hour trading volume of $2.01 billion ¹.

Here are some key details about BNB ¹ ²:

- *Current Price*: $698.71 USD

- *Market Cap*: $97.22 billion

- *24-hour Trading Volume*: $2.01 billion

- *Circulating Supply*: 139.28 million BNB

- *All-time High*: $793.35 (December 4, 2024)

- *All-time Low*: $0.09611 (August 1, 2017)

BNB has multiple use cases within the BNB Chain ecosystem and beyond, including:

- *Transaction Fees*: Paying for transaction fees on the BNB Beacon Chain and BNB Smart Chain

- *Trading Fees*: Reduced trading fees on Binance exchange

- *Goods and Services*: Paying for online and in-store purchases

- *Community Utility Token*: Used in games and DApps on the BNB Chain ecosystem

You can buy BNB on various crypto exchanges, including Binance and Bybit, and store it in a crypto wallet to retain custody of your assets ².