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Binance Coin (BNB) Rating, Information, Current Price

Binance Coin
Cryptocurrency Binance Coin
Symbol BNB
Reliability Rating Reliability Rating for Binance Coin: 5 stars

Binance Coin (BNB) Detailed Information

Binance Coin (BNB) cryptocurrency was created as an exchange token based on the Ethereum blockchain. As a part of the trading platform, this digital currency was designed to draw attention to the exchange itself in the shortest possible term. In the long-term development, the exchange plans to switch to the decentralized basis of the blockchain. The Binance Coin cryptocurrency meets the integral parameters of high-grade digital money, but the developers have also revised a number of key aspects. The development of the Binance Coin cryptocurrency is based on the success of its exchange. If the plans for the transition to a decentralized basis are confirmed by real actions, then this virtual currency has a significant potential for growth as a native asset of the Binance exchange.

Binance Coin (BNB) powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more. Binance Coin (BNB) is the cryptocurrency of the Binance platform. The name "Binance" is a combination of binary and finance. As of 2019, many businesses accept BNB as a form of payment.

Binance Labs is a blockchain technology incubator. Binance Labs focuses on pre-ICO projects and teams. Leveraging Binance's connections, network and influence in the crypto space, we help you expand your reach in the industry. As a project incubated by Binance Labs and provided you hit all your milestones, you will get priority consideration for ICO on Binance Launchpad, where many ICOs finish in less than 60 seconds. You will receive priority consideration for listing on Binance.com, one of the most popular crypto exchanges in the world.

Binance plans to destroy BNB each quarter based on the trading volume on our exchange, until 50% of the total BNB supply (100 million BNB) is burned. All transactions will be recorded on the blockchain. Eventually, only 100 million BNB will remain in circulation.

Binance Coin (BNB/USD) Current Price for Today

* Forex Rating accepts no liability for any errors in the Binance Coin Price or BNB Information. For the most recent information please visit the Binance Coin official site.

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Crypto Forecasts

 Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?
Octa crypto snapshot: will investors continue to buy Bitcoin after the halving?

On the night of 20 April, the Bitcoin network experienced its fourth halving. Having broad general economic implications, this process is important for the entire cryptocurrency world and not solely for Bitcoin holders.

2 May 2024

Crypto Market Retreats Due to Overhang of Sellers
Crypto Market Retreats Due to Overhang of Sellers

The crypto market has lost 3.3% in the last 24 hours to $2.3 trillion. The last time this level of capitalisation was on 19th April. Most worrying is the reversal of the trend from up to down last Wednesday.

29 Apr 2024

Pushing down crypto isn't easy
Pushing down crypto isn't easy

Buying on dips remains the dominant tactic in the crypto market. Capitalisation rose 1.8% in seven days to $1.65 trillion. Previously, the 'what doesn't rise, falls' formula was often applied to cryptocurrencies, however, recent attempts to sell off after a period of stabilisation have been met with increased buying.

5 Feb 2024

Crypto has retreated from the lows, but no rush for growth
Crypto has retreated from the lows, but no rush for growth

Crypto market capitalization at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on Friday. Bitcoin has added 3% in the same period and continues to be the driving force behind crypto volatility.

29 Jan 2024

Ethereum could end consolidation with a dip towards $2000
Ethereum could end consolidation with a dip towards $2000

Volatility in the cryptocurrency market remains subdued, keeping the capitalisation near $1.56 trillion for the third day. Meanwhile, Bitcoin remains around $40K, and Ethereum looks pegged to $2200...

26 Jan 2024

The Crypto Market Takes a Breath after the Storm
The Crypto Market Takes a Breath after the Storm

The crypto market saw lower volatility in the last 24 hours, with capitalisation at $1.56 trillion and the price of Bitcoin hovering around $40K. Major altcoins have also avoided strong moves...

25 Jan 2024

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