BNB Chain Ecosystem

LayerZero Ecosystem

<p>Binance Coin (BNB) is the native token of Binance Smart Chain (BEP-20) and Binance Chain (BEP-2). Originally launched in 2017 on the Ethereum blockchain, BNB is now used for all operations in the Binance ecosystem. Binance Coin was launched with an initial coin offering (ICO) in 2017, where half of BNB’s strict maximum of 200 million tokens were offered to the public. The rest were distributed between angel investors and founding members.</p><p>The coin was created as a utility token for discounted trading fees, but its uses have since expanded to numerous functions, both in and outside of the Binance ecosystem.</p><h3>What are BNB key features and how does it work?</h3><p>The Binance ecosystem is powered by BNB, as such, BNB is the native coin to the Binance Chain and Binance Smart Chain (BSC). Both chains operate in parallel and due to their similar designs, they can natively communicate with each other.&nbsp;</p><p>Binance Chain is a simple design in terms of its application – the main goal is to facilitate fast trading while being able to handle large amounts of traffic. The most popular DApp on the Binance Chain is Binance DEX. BSC extends this functionality by adding the ability to create smart contracts and more complex DApps.&nbsp;</p><p>Binance Smart Chain was created as a hard fork of the Go Etheruem (Geth) protocol, the two chains, therefore, have many similarities and BSC remains compatible with Ethereum Virtual Machine (EVM). It was created to provide faster and cheaper transactions. BSC achieved this by using a different consensus mechanism. Ethereum’s Proof of Work (PoW) consensus is similar to Bitcoin’s, whereas BSC uses Proof of Staked Authority (PoSA).</p><p>To help maintain the value of BNB, Binance holds periodic burning events. Every quarter, Binance uses 20% of its profits to repurchase and then burn BNB, meaning it is permanently destroyed. Binance will continue these burns until it reaches 50% of the initial supply, bringing the total to 100 million. This process helps BNB to sustain its value by making the coin finite and scarce.</p><h3>What can Binance Coin be used for?</h3><p>Created as a utility token for discounted trading fees, Binance Coin now has a broad range of uses. These include:</p><p>paying transaction fees on Binance.com, Binance DEX, and Binance Chain;</p><ul><li>making credit card payments;</li><li>making investments, loans, and transfers;</li><li>entertainment and gaming purposes;</li><li>and travel payments.</li></ul><h3>Where can you buy BNB?</h3><p>Binance Coin is available to buy directly on the Binance exchange where it offers most options in terms of trading pairs with BNB. The original exchange also offers the best trading rates for BNB.</p><p>You can also buy BNB on the CEXs and DEXs listed on the <a href="https://cryptorank.io/price/binance-coin/exchanges" rel="noopener noreferrer" target="_blank">market tab</a>.</p>

Mint Free HyperLane NFT

Founders & Project

Public Sale

Angel Investors

BNB Smart Chain is a EVM-compatible layer1 blockchain built by Binance exchange.

CryptoRank Premium

Add New {name} Alert

Moves above

Moves below

Coin tracking

ATH Reached

change abs

change %

Price Range

Unusual volume

Please connect your account to our Telegram bot to receive notifications

New price alert added

Check your email

We've sent you an email with confirmation link. If you don't have it in your inbox - check your spam box.

CryptoRank App

See CryptoRank with...

You need to click on the button below and start the opened bot

Choose a convenient way to connect your EVM wallet.

Privacy & Terms Agreement

Market Data API

Track your wallet balances, view asset allocations, get real-time price data, and more

Easily manage your assets with our Mobile App

Join and earn by referring new subscribers!

Explore blockchain platforms: ecosystem projects, TVL, and other key metrics

Name

Complete tasks and earn rewards

CryptoRank Spaceships

Please enter your valid email address to proceed with registration.

Sorry, but your {social} account doesn't have an email address.

IDO/ICO analytics: post-listing ROI and launchpad comparisons.

Track project announcements and campaigns. Spot early opportunities so you don’t miss airdrops and rewards.

Exchanges overview: volumes, listings, market share.

Track rounds, stages, and amounts. See investors and fund portfolios.

Monitor DeFi & NFT, positions and P&L. Popular chains and a mobile app supported.

Lite gives core tools ad-free. Premium adds advanced analytics, full tables, and exclusives.

TGE calendar and vesting flow. Analyze unlock volumes and percentages to gauge supply pressure and plan your moves.

Get in touch with us for info about listings, tokens, exchanges, IDOs, or any other promotional inquires

Interested in a partnership?

Improves token ranking and increases exposure.

Visibility Boost

Accelerates momentum and helps stay in trending.

Trending Score Growth

Boost Benefits

Boost visibility, raise the Trending Score, and unlock the Premium Ticker for {symbol}!

Purchasing a Boost does not guarantee a specific ranking or position. CryptoRank makes no representations or guarantees regarding the impact of Boost on asset visibility. All purchases are final and non-refundable.

Want to learn more about Boost? <link>Check out the guide!</link>

Give {name} a {boost}

Share Chart Screen

Subject

The account is suspected of violating CryptoRank.io terms of use. You may continue to use the website except for personal features.

Your account has been suspended

By accessing and using our Site, you confirm that you are at least 18 years old or the legal age of majority in your jurisdiction. Please also ensure you have read and agree to our Terms of Use and Privacy Policy & Cookies Statement

Comprehensive analysis of %coinname% price dynamics, quarterly returns, and annual trends in dollars. Our detailed research unveils dynamic interconnections between %coinname% and the US dollar, providing valuable insights based on current data.

%coinname% Analytics: Price Dynamics, Quarterly Returns, and Annual Price Changes in USD

Period	Change	Change (%)	High	Low
24H	$ 3.27	+0.54%	$ 611.50	$ 599.50
7D	$ 35.43	+6.18%	$ 611.50	$ 571.58
14D	-$ 63.22	-9.40%	$ 741.41	$ 559.14
30D	-$ 65.72	-9.74%	$ 741.41	$ 559.14
3M	-$ 66.29	-9.82%	$ 741.41	$ 559.14
6M	-$ 283.67	-31.8%	$ 954.19	$ 559.14
YTD	-$ 254.06	-29.4%	$ 954.19	$ 559.14
1Y	-$ 43.70	-6.69%	$ 1,369	$ 559.14
3Y	$ 367.18	+151.8%	$ 1,369	$ 203.60

BNBBNB

BNB Analytics

BNB Closing Price (USD) - Quarterly

bnb Monthly Returns (USD)

BNB - USD Price Change

BNB Annual Price (USD) Change