$BNB

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, serving multiple purposes such as reducing trading fees on the Binance Exchange, participating in token sales, and more. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB has since migrated to Binance's own blockchain, the BNB Chain.

As of March 15, 2025, BNB is trading at approximately $594.51 USD.

Binance employs a coin-burning mechanism to reduce BNB's total supply, aiming to enhance its value over time. The initial maximum supply was 200 million BNB, but through regular quarterly burns, this number is gradually decreasing.

Please note that cryptocurrency markets are highly volatile, and prices can change rapidly. For the most current information, it's advisable to consult real-time financial platforms or the official Binance website.