Current BNB Price in USD
BNB to USD Exchange Rate:
1 BNB = $325.50
Key Market Data:
- Market Cap: $50.74 billion
- Circulating Supply: 155.86 million BNB
- Max Supply: 200 million BNB
- 24-Hour Trading Volume: $839.30 million
- 7-Day Price Change: +1.93%
- Today's Price Range: $322.30 - $325.80
BNB Price Trends & Real-Time Data
BNB is currently priced at $324.20**, with a 24-hour trading volume of $3,123,815.78. Over the past day, BNB's value decreased by 5.46%. It ranks #3** by market capitalization ($51.31 billion) and has a circulating supply of 163,276,974 BNB.
👉 Track live BNB/USD price updates
How Much Is 1 BNB in Chinese Yuan (CNY)?
BNB to CNY Rate:
1 BNB = ¥2,232.94
24-Hour Trading Volume: ¥5,734,188,672
Price Change (24H): -5.59%
Market Rank: #4
Market Cap in CNY: ¥348.04 billion
BNB Trading Volume Across Exchanges
(Data varies by platform; check real-time aggregators for latest figures.)
What Is Binance Coin (BNB)?
BNB powers the Binance ecosystem and serves as the native token of Binance Chain. Launched in July 2017 as an ERC-20 token, BNB was designed to reduce trading fees on Binance and has since expanded its utility.
Key Use Cases:
- Fee Discounts: Up to 25% off trading fees on Binance.com.
- Binance DEX: Pay transaction fees, issue tokens, and manage orders.
- Launchpad Participation: Access token sales and exclusive offerings.
BNB Burn Mechanism:
BNB's supply reduces quarterly via scheduled burns (from 200M to 100M max supply).
👉 Learn how BNB burns impact scarcity
Frequently Asked Questions (FAQs)
1. Is BNB a mineable cryptocurrency?
No. BNB uses Binance Chain’s Byzantine Fault Tolerance (BFT) consensus, requiring validation instead of mining.
2. What is the BNB burn?
Binance periodically destroys BNB tokens (every quarter) based on trading volume, reducing total supply.
3. Where can I use BNB?
- Binance Exchange (fee discounts)
- Binance DEX (decentralized trading)
- Merchant payments (select partners)
4. How does BNB’s price compare to Bitcoin?
While BTC is a store of value, BNB is utility-focused with ecosystem-specific demand drivers.
5. What’s the long-term supply of BNB?
Max supply will eventually cap at 100 million after scheduled burns.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always conduct independent research.
(Original source: Script Home Blockchain News)