|
BNB BNB |
BUY
|
|
$599.66 |
-2.19% (24h) |
|
|
Marketcap |
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$81,767,607,118 |
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Volume 24h |
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$1,857,121,129 |
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Description
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, powering both the world's largest exchange and the BNB Chain. It was originally launched on Ethereum but migrated to its own high-performance blockchain to support a vast array of DeFi and NFT projects. Users can use BNB to pay for trading fees at a discount, participate in token sales on the Binance Launchpad, and stake it to secure the network. Binance also performs quarterly "burns" to reduce the total supply, making BNB a deflationary asset over time.