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Key Stats
Trading Volume (24hr)
$537.6M
Circulating Supply
134.7M
Market Cap
$80.7B
Total Supply
134.7M
Holders
--
Max Supply
200.0M
FDV
$80.7B
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
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.
10:43
Binance Alpha has added Arcium (ARX), a protocol for encrypted data computation, to its listing roster. This move provides ARX with greater liquidity and visibility, signaling confidence in its privacy-focused technology. While potentially a precursor to a main exchange listing, traders are advised to exercise caution due to typical volatility associated with new token launches.
10:43
Binance will remove four margin trading pairs (CHEEMS/USDC, ACX/USDC, LA/USDC, T/USDC) on June 26 as part of a routine review. While spot trading remains unaffected, traders must close open margin positions by the deadline to avoid automatic settlement. This move highlights the exchange's focus on maintaining market quality and managing risk.
07:42
On-chain data indicates short-term Bitcoin holders deposited ~80,000 BTC ($5B) to Binance recently. While substantial, this volume is lower than February's peak. Analyst Darkfost suggests emotional trading drives these moves, creating potential selling pressure, though market impact depends on broader sentiment.
06:41
Binance will list new Stellar (XLM) spot trading pairs, XLM/U and XLM/USD1, on June 23 at 8:00 a.m. UTC. This expansion aims to improve liquidity and provide traders with more direct dollar-denominated options. While the listing signals strong exchange support, long-term value remains tied to Stellar's network adoption and real-world utility.
06:09
Short-term Bitcoin holders triggered a massive sell-off, moving over 80,000 BTC valued at $5 billion to Binance. This exodus contributed to a 28% price drop from May highs, pushing sentiment to extreme fear levels.
04:08
Bhutan moved $34.5M in Bitcoin to Binance as market attention shifts. Meanwhile, SOL maintains stability and Pepeto surpasses $10M ahead of its listing, highlighting three key crypto opportunities.
