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Key Stats
Trading Volume (24hr)
$633.0M
Circulating Supply
134.7M
Market Cap
$79.6B
Total Supply
134.7M
Holders
--
Max Supply
200.0M
FDV
$79.6B
Funding Rate
0%
Date of Creation
Jul, 2017
What is BNB (BNB)?
Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance.
Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing.
In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB.
The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance.
Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas.
Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.
Core Team
Investors
Breaking News
Today Jun 22 2026
17:38
TRUTH token surged 20% following news that Binance co-founder CZ followed an analyst on X. The analyst, known for accurate predictions, now targets a 200% rise for the asset, sparking widespread interest in the crypto community.
16:57
Bitcoin has consistently closed weekly candles above $63,000. Combined with RSI divergence, this pattern suggests a potential market bottom according to recent data.
16:29
XLM has surged 47% over the past month amid anticipation of a golden cross pattern. Meanwhile, Binance plans to introduce new trading pairs for the asset, and the Stellar network is gearing up for a significant protocol upgrade.
15:51
While whale transfers of XRP to Binance have decreased, signaling reduced selling pressure, the asset remains below the key McGinley Dynamic indicator, indicating weak momentum. Analysts suggest XRP must reclaim the $1.15-$1.16 level for a sustained recovery, with support holding near $1.08. Despite mixed signals, institutional interest persists as XRP ETFs see inflows contrary to broader market trends.
15:07
Pi Network's token PI has rebounded 6% to $0.135 amid market recovery, yet analysts warn of a potential 'head and shoulders' bearish pattern. While technical indicators like RSI suggest oversold conditions and reduced token unlocks offer stability, traders remain cautious. Attention now turns to the upcoming Pi2Day event on June 28, where rumors of major announcements, such as a Binance listing, fuel speculation despite unconfirmed status.
14:44
A major Bitcoin whale transferred 2,480 BTC worth $161 million to Binance, realizing a $39 million loss on coins bought a month earlier at $80,936 each. This move signals potential selling pressure and highlights market volatility, serving as a cautionary tale about risk management in crypto trading.
12:43
Aster exchange launches a trading competition for BTCU and ETHU perpetual futures with a prize pool up to 150,000 U. Running from June 22 to July 6, 2026, rewards are distributed based on trading volume, with a 1.5x multiplier for the new pairs. This event highlights Aster's community-driven listing approach.
12:39
Starting June 22, Binance India users must provide detailed sender and receiver information for all crypto transactions, aligning digital transfers with traditional banking regulations under India's stricter compliance framework.
12:38
CryptoQuant data reveals Euro trading comprises just 1% of Binance's spot volume amid regulatory uncertainty before the MiCA deadline.
12:02
As the EU's MiCA deadline approaches in July 2026, unauthorized crypto firms risk losing market access. Binance confronts a license setback in Greece, and Tether's USDT remains delisted on key European platforms.
