Latest Price & Key Metrics
- Current Price: $657.77 (+0.16%)
- 24h Trading Volume: $15.24M
- All-Time High: $788.84
- Total Supply: 145.88M BNB
- Market Cap: $95.96B (Rank #5)
- Circulating Supply: 145.88M BNB
- All-Time Low: $0.03
👉 Buy BNB now on a trusted exchange
Project Introduction
Binance Coin (BNB) is the native token of the Binance Smart Chain (BEP-20) and Binance Chain (BEP-2). Initially launched in 2017 on the Ethereum blockchain, BNB now powers the entire Binance ecosystem.
Key Milestones:
- 2017: BNB debuted via an ICO with a hard cap of 200M tokens (50% sold to the public).
- Mission: Binance aims to position crypto exchanges at the forefront of global finance—embodied in its name, Binary Finance.
Team & Investors
Changpeng Zhao (CZ) | Founder & CEO
- Former Bloomberg futures developer (2001–2005).
- Founded BijieTech (2015) before launching Binance in 2017.
He Yi | Co-Founder
- Ex-TV anchor and OKCoin co-founder (2014).
- Joined CZ to establish Binance in 2017.
Funding:
- ICO (July 2017): Raised $15M.
Community & Media
- Twitter: BNB Chain
- Telegram: BNB Community
- Discord: BNB Chain Discord
Tokenomics
| Detail | Value |
|---|---|
| Symbol | BNB |
| Total Supply | 145,887,576 |
| Type | ERC-20 (now BEP-20/BEP-2) |
| Contract Address | 0xb8c77482e45f1f44de1745f52c74426c631bdd52 |
| Distribution | |
| Team | 50% |
| Public Sale | 40% |
| Investors | 10% |
👉 Explore BNB staking opportunities
Resources
- Official Website: BNB Chain
- Whitepaper: GitHub
- Binance Exchange: binance.com
FAQ
1. What is BNB used for?
BNB reduces trading fees on Binance, powers DeFi applications on BSC, and enables NFT transactions.
2. Is BNB a good investment?
While BNB has strong utility, always conduct independent research and assess market risks.
3. How do I buy BNB?
Purchase BNB on major exchanges like Binance or OKX. Get started here.
4. What’s the difference between BEP-2 and BEP-20?
BEP-2 is Binance Chain’s native token standard, while BEP-20 is used on Binance Smart Chain (compatible with Ethereum’s ERC-20).
5. Does BNB have a burn mechanism?
Yes—Binance periodically burns BNB to reduce supply, increasing scarcity.
6. What’s Binance Smart Chain?
A parallel blockchain to Binance Chain that supports smart contracts and interoperability with Ethereum.
Disclaimer: This content is for informational purposes only and does not constitute financial advice.