Binance Coin (BNB) Market Performance, Live Price and Charts
Current Price: $615.97
Market Cap
- Market Cap: $83.04B
- 24h Volume: $989.50M
- 24h High: $631.33
- 24h Low: $612.68
Price Changes
- 1D: +0.12%
- 7D: +2.39%
- 30D: -6.10%
- 200D: -31.06%
- 1Y: -4.85%
Historical Performance
| Period | Open | High | Low | Close | Change | Volatility |
|---|---|---|---|---|---|---|
| Today | $616.23 | $631.33 | $612.68 | $615.82 | -0.07% | 2.8% |
| 7D | $601.62 | $631.33 | $580.96 | $617.21 | +2.59% | 2.8% |
| 30D | $656.54 | $740.70 | $559.01 | $617.21 | -5.99% | 2.8% |
| 90D | $668.38 | $740.70 | $559.01 | $617.21 | -7.66% | 2.8% |
| 1Y | $648.19 | $1,370 | $559.01 | $617.21 | -4.78% | 2.8% |
| All Time | $651.48 | $1,312 | $571.88 | $616.00 | -5.45% | 2.8% |
Markets
| # | Exchange | Pairs | Price | +2% / -2% Depth | Volume | Liquidity |
|---|---|---|---|---|---|---|
| 1 | Binance | BNB/USDT → | $616.25 | $4.30M / $7.26M | $104.59M | 0.012% |
| 2 | Gate | BNB/USDT → | $616.10 | $2.77M / $3.81M | $20.35M | 0.016% |
| 3 | Binance | BNB/USD1 → | $615.68 | $143,769 / $311,141 | $34.03M | 0.011% |
| 4 | OKX | BNB/USDT → | $616.50 | $278,914 / $462,404 | $13.77M | 0.016% |
| 5 | LBank | BNB/USDT → | $616.24 | $3.71M / $7.38M | $18.67M | 0.012% |
| 6 | Toobit | BNB/USDT → | $616.14 | $6.44M / $5.69M | $36.59M | 0.012% |
| 7 | MEXC | BNB/USDT → | $616.29 | $1.23M / $1.10M | $21.60M | 0.012% |
| 8 | KuCoin | BNB/USDT → | $616.14 | $242,879 / $253,131 | $10.40M | 0.010% |
| 9 | DigiFinex | BNB/USDT → | $616.19 | $3.28M / $6.96M | $14.78M | 0.012% |
| 10 | BitMart | BNB/USDT → | $616.21 | $913,936 / $956,312 | $20.54M | 0.013% |
How BNB Works in the Binance Network
Binance Coin originally existed on the Ethereum network before moving to the Binance Smart Chain in September 2020, now known as BNB Chain. Users can apply Binance Coin to reduce their trading fees by receiving a percentage discount. BNB can also be used in various transactions across Binance’s network, including token sales and marketplace purchases.
Binance Coin Services
- Trading Fee Discounts on Binance: Current discounts depend on account tier and trading volume.
- Binance Launchpad: BNB is the required currency for new token sales.
- Payments and Marketplace Transactions: Accepted by several online sellers.
- DeFi and dApps: Used for transaction fees and services on Binance Chain.
- Everyday Online Purchases: Accepted on various platforms for travel and lifestyle services.
Market Analysis for Binance Coin
BNB consistently ranks among the top coins by market cap, reflecting its utility across multiple areas. Evaluating BNB requires understanding its balance of centralization and decentralization, given its ties to Binance, which can expose it to regulatory risks.
Frequently Asked Questions About Binance Coin
What Does BNB Stand For?
- BNB originally meant 'Binance Coin'; it now stands for 'Build and Build'.
Is Binance Coin a Good Investment?
- Evaluating its worth depends on individual circumstances and thorough research.
How Is BNB Different from Other Exchange Tokens?
- BNB has developed use cases across an independent blockchain and decentralized finance, unlike some tokens limited to trading fee discounts.