What is the total amount of bnx coins?

The total supply of Binance Coin (BNX) is 10 billion coins, including 15% angel investment, 15% private placement, 50% ICO, 15% Binance team, and 5% ecosystem funds.

Total amount of BNX coins

Answer: 10,000,000,000 BNX

Expand answer:

Binance Coin (BNX) is the native cryptocurrency of the Binance blockchain. It was launched in 2017 to power and grow the Binance ecosystem. The total supply of BNX is capped at 10 billion, of which:

• Circulating supply: The number of BNX currently in circulation, which changes over time.
• Uncirculated Supply: The amount of BNX that is not currently in circulation, these coins are held by Binance or stored in reserves.

BNX is used to pay for various fees in the Binance ecosystem, including trading fees, asset storage fees, and token issuance fees. It also serves as a medium of exchange and store of value.

The total supply of BNX is predetermined and limited. This means that it cannot be infinitely created or inflated like fiat currency. This finite nature helps preserve BNX’s value and makes it a predictable investment.

The supply of BNX is distributed as follows:

• Angel investment: 15%
• Private placement: 15%
• ICO: 50%
• Binance Team: 15%
• Ecosystem Fund: 5%

On the cryptocurrency market, BinaryX (BNX) is having a solid day, currently valued at $1.0010676009018. Its value has dropped slightly by 2.84788913% in the past 24 hours, but volume remains high at $113614049.61475. BinaryX has a circulating supply of 367752095.57734, a maximum supply of 2100000000, and a total supply of 367752095.57734. With the circulating market capitalization reaching $368144708.0462, this indicates strong demand for BNX in the cryptocurrency market. It could be an investment worth keeping an eye on, especially given its cautious price movements and high trading volume.

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