BNB

Price Movement Chart

General Info

BNB
Symbol

BNB

Price (USDT)

591.85

Max Price / 24h

594.51

Low Price / 24h

589

BNB coin, created by the Binance platform, is one of the most popular cryptocurrencies on the market. Created in 2017, BNB was initially used to reduce trading fees on the Binance exchange, but over time its functionality has expanded significantly. Now it is used to pay for services,
participation in token sales and various decentralized applications.

One of the key features of this coin is its token burning mechanism, which reduces the overall supply. Every three months, Binance removes a certain amount of BNB, which helps increase the value of the remaining coins. This creates a scarcity effect
attracting the attention of investors and traders.

The tokens are also actively used in the Binance Smart Chain ecosystem, giving users the opportunity to interact with decentralized finance (DeFi) and other blockchain applications. Due to its versatility and applicability, the BNB coin is attracting an increasing number of users.
becoming an important element of the cryptocurrency market. Interest in the currency is growing every year, which is confirmed by its increase in capitalization and distribution.