$BNB Here's the latest news on BNB:

Current Price and Market Performance

BNB's current price is around $583.45, with a 1.38% increase in the last 24 hours. Its market capitalization stands at $83.09 billion, with a circulating supply of 142.47 million BNB coins ¹.

Trading Volume and Price Range

BNB's 24-hour trading volume is approximately $1.79 billion, with a price range of $571.53 to $593.92. Its all-time high was $793.35, recorded on December 4, 2024 ¹.

BNB's Use Cases and Applications

BNB can be used to pay for fees on the Binance platform, with a 25% discount. It's also used for various other purposes, such as:

- *Reduced Trading Fees*: Paying fees with BNB entitles users to a 25% discount.

- *Binance Account Tier*: Holding BNB and meeting certain trading volume thresholds can elevate users to VIP tiers with additional perks.

- *Dust Conversion*: Users can convert non-tradeable amounts of various cryptocurrencies into BNB.

- *IEO Lottery*: BNB is used to determine lottery allocations for Binance's Initial Exchange Offerings (IEOs).

Where to Buy and Store BNB

BNB can be traded on centralized crypto exchanges like Binance, HTX, and DigiFinex. It's also supported by various hardware and software wallets, including Ledger, Trust Wallet, and Atomic Wallet ².