BNB (BNB)
Rank #5 by Market Cap
About BNB
BNB (Binance Coin) is the native cryptocurrency of Binance, the world's largest cryptocurrency exchange. BNB is used for trading fee discounts, payment processing, and powering the Binance Smart Chain ecosystem.
Key Information
BNB Price Analysis
24-Hour Performance
The BNB price has increased by 0.27% in the last 24 hours, reaching $1,121.14. The trading volume of $2.20B indicates moderate market activity.
7-Day Trend
Over the past week, BNB has increased by 3.02%, showing moderate performance in the cryptocurrency market.
Market Position
BNB ranks #5 by market capitalization, holding approximately 7.01% of the total cryptocurrency market. Its current market cap of $156.04B reflects high market confidence.
Frequently Asked Questions About BNB
What is BNB?
BNB (Binance Coin) is the native cryptocurrency of Binance, the world's largest cryptocurrency exchange. BNB is used for trading fee discounts, payment processing, and powering the Binance Smart Chain ecosystem.
What is the current BNB price?
The current BNB price is $1,121.14, updated in real-time. BNB has a market capitalization of $156.04B and a 24-hour trading volume of $2.20B.
How much is BNB worth?
BNB is currently valued at $1,121.14 per token, with a total market capitalization of $156.04B, ranking it #5 among all cryptocurrencies.
Is BNB a good investment?
This is not financial advice. BNB is a cryptocurrency with significant market capitalization and strong market performance. Cryptocurrency investments carry risk, and you should do thorough research and consult with financial professionals before investing.
Where can I buy BNB?
BNB can be purchased on major cryptocurrency exchanges including Binance, Coinbase, Kraken, and others. Always use reputable exchanges and do thorough research before investing in any cryptocurrency.
What is BNB used for?
BNB serves as a digital asset used in various blockchain applications and payment systems.