BNB – BNB

BNB Info
Today Price 281.65$
ATH (ALL TIME HIGH) 686.31$
ATH Price Percentage Change To Now -59.137930554914%
ATH Date 2021-05-10T07:24:17.097Z
ATL (ALL TIME LOW) 0.0398177$
ATL Price Percentage Change To Now 704208%
ATL Date 2017-10-19T00:00:00.000Z
Market Cap 45871593919$
Total Volume 813776981$
High 24h 285.3$
Low 24h 271.99$
Price Change Percentage in 7 Day 6.42621%
Price Change Percentage in 30 Day -1.6612%
Price Change Percentage in 60 Day -1.98793%
Price Change Percentage in 200 Day -24.46261%
Price Change Percentage in a Year -15.21864%

BNB is the Number 5 Cryptocurrency in the World.
The 281.65 symbol is bnb and Market Cap is 45871593919 Dollars.
bnb ATH Was 686.31 at 2021-05-10T07:24:17.097Z and ATL was 0.0398177 at 2017-10-19T00:00:00.000Z.
In the last 24h, bnb high was 285.3$ And the low was 271.99$

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.

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