Rank 12

Binance Coin

BNB

Avg. Price

$6.54 USD

24hr change

-1.54%

BNB/USD Calculator

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Market Cap / USD

$844,767,472

Circulating Supply

129,175,490

Volume 24hr / USD

$37,032,770

Total Supply

189,175,490

What is Binance Coin?

  • Token

Binance will issue its token coin, called the Binance Coin (BNB). A strict limit of 200MM BNB will be created, never to be increased. BNB will run natively on the Ethereum blockchain with ERC 20. Every quarter, we will use 20% of our profits to buy back BNB and destroy them, until we buy 50% of all the BNB (100MM) back. All buy-back transactions will be announced on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.

Always do your own research #DYOR

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