Name: BNB
Brand: Binance
Price: 895.22 INR
Availability: InStock
Rating: 4 (4 reviews)

Price of BNB Today

The live price of BNB is $895.22 per (BNB / USD) with a current market cap of $123.30B USD. 24-hour trading volume is $1.57B USD. BNB to USD price is updated in real-time. BNB is +1.58% in the last 24 hours with a circulating supply of 137.74M.

BNB Price History USD

Date Comparison	Amount Change	% Change
Today	$13.89	+1.58%
30 Days	$-38.30	-4.1%
60 Days	$-390.53	-30.37%
90 Days	$21.33	+2.44%

BNB Chart Performance

24h Low & High

Low: $876.35

High: $896.66

The highest and lowest price paid for this asset in 24 hours.

All Time High

$1,370.55

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

+0.36%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

+1.58%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

+1.66%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $876.35

High: $896.66

All Time High

$1,370.55

Price Change (1h)

+0.36%

Price Change (24h)

+1.58%

Price Change (7d)

+1.66%

What is BNB (BNB)?

BNB is a cryptocurrency that can be used to trade and pay fees on the Binance cryptocurrency exchange. BNB is also the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, BNB is useful to users in a wide range of applications and use cases.

BNB was launched through an Initial Coin Offering (or ICO) that took place from June 26th to July 3rd, 2017 - 11 days before the Binance Exchange opened for trading. The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, BNB does not provide users with a claim on Binance profits and does not represent an investment in Binance.

With various applications, both within the BNB Chain ecosystem and beyond, BNB serves numerous purposes. Originally launched as an ERC-20 token on the Ethereum blockchain, BNB has now migrated to the main BNB Chain. Although the initial total supply was set at 200 million coins, the supply is gradually decreasing as a result of frequent coin burns. At the time of writing, the current circulating supply of BNB stands at 144 million.

Why Does the Price of BNB Go Up and Down?

The price of BNB is influenced by several factors unique to its utility and ecosystem. Like many cryptocurrencies, BNB is impacted by market sentiment, liquidity, and speculation. But beyond that, its price is closely tied to the activity within the Binance ecosystem — including trading fee discounts, token burns, Launchpad demand, and Binance Chain adoption — all of which can shift supply and demand dynamics.

BNB has a capped supply, and Binance conducts periodic token burns that reduce its total circulating supply, which can contribute to upward price pressure when demand remains strong. At the same time, large holders (“whales”), regulatory developments, and changes in user adoption can trigger volatility, especially in a still-maturing market.

BNB is listed on Binance for trade and purchase. The current price of BNB is updated and available in real-time on Binance. XX

People Also Ask: Other Questions About BNB

What is the BNB coin?

BNB plays a versatile role within and beyond the Binance ecosystem. It provides discounts on trading fees, saving users up to 25% on Spot and Margin trading fees and up to 10% on Futures trading fees. BNB is used for online and in-store payments via Binance Card or Binance Pay and for booking travel through platforms like Travala.com. Additionally, it serves as a utility token within the BNB Chain ecosystem, supporting games, DApps, token sales on Binance Launchpad, donations via Binance Charity, and liquidity provision on Binance Liquid Swap.

How to Buy a BNB Token?

BNB can be purchased directly from Binance by using a debit or credit card. BNB can also be traded for other cryptocurrencies on the Binance Exchange. Live BNB price is updated in real-time on the Binance Exchange. Additionally, BNB price and purchase information is available for users on our How to Buy BNB Guide.

What is BNB Used For?

BNB is the core cryptocurrency of the BNB Chain ecosystem, used to pay trading fees on Binance and transaction fees on BNB Chain. You can use BNB across multiple Binance products, including lower trading fees, Launchpool farming, Hodler Airdrops, and participation in TGEs, pre-TGEs, and early-stage project allocations. BNB also provides access to exclusive rewards, priority events, and additional earning opportunities.

Beyond Binance, BNB can be used for payments across merchants, travel services, and NFT platforms. It also features an auto-burn mechanism that reduces supply over time.

Who is the Founder of BNB?

BNB was launched through an Initial Coin Offering (or ICO) that took place from June 26th to July 3rd, 2017 - 11 days before the Binance Exchange opened for trading. The Binance Exchange was launched by Changpeng Zhao, known as CZ along with co-founder Yi He. Within 180 days, Binance grew into the largest cryptocurrency exchange in the world.

What is the Circulating Token Supply of BNB?

The current circulating supply of BNB is 139M tokens, which is also the total token supply.

What Makes BNB Different From Others?

BNB has several use cases, including trading fee discounts, exchange fee payments, staking, and participation in token sales. Binance conducts regular "coin burns," where a portion of BNB is removed from circulation and destroyed. This reduces the total supply of BNB over time, which can increase the token's value.

As a utility token of the largest cryptocurrency exchange by trading volume, BNB has a strong adoption rate and a well-established use case within the Binance ecosystem and beyond.

Is it the Right Time to Buy BNB?

Timing a crypto investment depends on your strategy, risk appetite, and view of market trends. BNB’s recent momentum reflects growing altcoin interest, real utility, and deflationary tokenomics. Check out our BNB Price Prediction page when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

What Affects the Price of BNB?

BNB’s price is mainly influenced by demand within the Binance ecosystem, such as trading fee payments, staking, and token launches. Its auto-burn mechanism reduces supply over time, which can drive prices higher if demand remains strong. Additionally, overall crypto market trends, regulations, and the growth of the BNB Chain ecosystem also impact its value.

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