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Key Stats
Trading Volume (24hr)
$675.0M
Circulating Supply
134.7M
Market Cap
$77.2B
Total Supply
134.7M
Holders
--
Max Supply
200.0M
FDV
$77.2B
Funding Rate
0%
Date of Creation
Jul, 2017
What is BNB (BNB)?
Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance.
Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing.
In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB.
The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance.
Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas.
Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.
Core Team
Investors
Breaking News
Today Jun 23 2026
17:01
As Q3 2026 approaches, investors are eyeing MemeToro ($MT), LiquidChain ($LIQUID), and SPX6900 (SPX). MemeToro leads with its AI-driven SocialFi ecosystem and nearing presale completion. LiquidChain advances its Layer-3 infrastructure for cross-chain liquidity, raising $1M. Meanwhile, SPX6900 leverages meme culture momentum following major exchange listings, targeting $0.82.
16:28
XRP investors see renewed hope as Ripple gains preliminary MiCA approval in Europe and Binance shows a sustained week-long shift in withdrawal trends, signaling potential momentum despite recent price stagnation.
15:47
A wallet linked to venture capital firm a16z withdrew $21.2 million in ETH from Binance, signaling a move toward long-term self-custody. While unconfirmed by the firm, the transaction highlights continued institutional interest in Ethereum and reduces exchange supply, potentially supporting price stability.
15:32
As Dogecoin struggles to hold the $0.07 support level amid market fear in June 2026, investor focus is shifting toward AI-driven projects with real utility. MemeToro ($MT) emerges as a key contender, combining meme culture with an autonomous AI agent for coin creation, staking, and prediction markets on the BNB Chain. Unlike pure speculation, MemeToro offers structural functionality, representing the evolution of the meme sector beyond legacy coins like DOGE.
15:04
Despite a 3% drop in XRP price triggering over 500 liquidations totaling $1.9 million, 92.92% were long positions, indicating strong holder resilience. Analyst Diana notes the low liquidation volume relative to the price move suggests traders are refusing to panic, with short positions remaining minimal across major exchanges like Binance and Bybit.
14:46
OKX Europe CEO Erald Ghoos warns that 80% of EU crypto exchanges could collapse by the July 1 MiCA deadline due to lack of licensing. With 60% of users on unlicensed platforms, including potential impacts on giants like Binance, the market faces significant disruption. Users are urged to verify exchange compliance and move assets to regulated platforms to avoid service suspensions.
14:46
Binance CEO Richard Teng reports a 589% surge in the on-chain RWA market since early 2025, driven primarily by bonds and stocks. This growth highlights increasing institutional adoption of tokenized assets, bridging traditional finance with DeFi through enhanced liquidity and accessibility.
14:35
Demand for tokenized SpaceX shares exceeded $1 billion, yet numerous retail investors were refunded without securing shares, raising questions about the platform's execution and market mechanics.
14:01
LiquidChain investors are diversifying into MemeToro, an AI-driven SocialFi presale nearing completion. With a 35% APR staking reward, fixed supply, and instant token claims, MemeToro offers a compelling alternative to pure infrastructure plays. Its no-code memecoin launcher and AI trend detection aim to capture the next wave of crypto growth in June 2026.
13:43
CoinUp is considering legal action following a token crash and rumors linking it to controversial figure Zhu Pan. While the exchange denies Zhu Pan's involvement and claims no security breaches, Binance co-founder He Yi has accused him of impersonation scams. The exact cause of the sell-off remains under investigation.
