Here are the details of Binance Coin (BNB):
General Information:
- *Name:* Binance Coin
- *Symbol:* BNB
- *Type:* Cryptocurrency
- *Blockchain:* Binance Smart Chain (BSC)
Market Information:
- *Current Price:* $338.29 USD
- *Market Capitalization:* $53.8 billion USD
- *24-hour Trading Volume:* $1.3 billion USD
- *Circulating Supply:*$BNB $BNB 158.9 million BNB
Use Cases:
- *Payment:* BNB can be used for payments on the Binance platform.
- *Trading:* BNB is used as a base currency for trading on the Binance exchange.
- *Gas Fees:* BNB is used to pay gas fees on the Binance Smart Chain.
- *Staking:* BNB can be staked to participate in the Binance Smart Chain consensus mechanism.
History:
- *Launch Date:* August 2017
- *Initial Coin Offering (ICO):* Raised $15 million in July 2017
- *Blockchain Migration:* Migrated from the Ethereum blockchain to the Binance Smart Chain in 2020
Please note that market data may fluctuate rapidly and may not reflect the current values. For up-to-date information, please check a reliable cryptocurrency website or exchange, such as Binance.