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Homeweb3.0What is BNB coin? What are the Binance Coin (BNB) trading platforms?

What is BNB coin? What are the Binance Coin (BNB) trading platforms?

Feb 02, 2024 am 10:15 AM
cryptocurrencyVirtual currencyoverflowBinanceexchangetrading platform

php editor Xinyi introduces to you BNB coin, which is a cryptocurrency issued by the Binance trading platform. BNB coin is the native token of the Binance exchange platform and has multiple uses and features. First of all, BNB coins can be used to pay the handling fees of the Binance trading platform, and you can also enjoy discounts when using BNB to pay handling fees. Secondly, BNB coins can also be used to participate in some of Binance’s project investments and ICO activities. In addition, BNB coins can also be used as the base currency for trading pairs and traded on the Binance trading platform. Binance trading platform is one of the world's largest cryptocurrency trading platforms, providing a variety of trading pairs and functions, including spot trading, futures trading, leverage trading, etc. Whether you are a novice or an experienced trader, you can find the trading methods and projects that suit you on the Binance trading platform.

1. Function and value of BNB coins

Binance Exchange provides payment fee discounts. Users who hold BNB coins can enjoy a certain percentage discount when using BNB coins to pay handling fees, thereby obtaining actual economic benefits.

Holding a certain amount of BNB coins can obtain voting rights and participate in currency listing voting and community governance activities on the Binance exchange, allowing users to participate in project decision-making and community operations.

Binance Exchange conducts crowdfunding projects through the Launchpad platform. Only users holding a certain number of BNB coins can participate and obtain the right of first refusal.

More and more merchants and service providers are beginning to accept BNB coins as a payment method, such as travel bookings and crypto art purchases. This development increases the liquidity and usage scenarios of BNB coins.

2. Introduction to Binance Coin (BNB) trading platform

什么是 BNB 币?币安币(BNB)交易平台有哪些?

Binance Exchange is one of the largest cryptocurrency exchanges in the world . It supports the trading of BNB coins and provides a variety of trading pairs and functions, including spot trading, leverage trading and futures trading. As a well-known exchange, Binance provides a safe and reliable trading environment and a highly liquid trading market. Whether you are a newbie or an experienced trader, you can get a great trading experience on Binance Exchange.

Binance DEX is a decentralized trading platform launched by Binance Exchange, providing a safe and transparent trading environment. Users can retain control of their private keys in Binance DEX and support BNB currency transactions. Compared to centralized exchanges, Binance DEX offers higher security and transparency.

There are many Binance Smart Chain ecological projects, some of which use BNB as the ecological token, such as PancakeSwap, Venus, Beefy Finance, etc. These projects provide BNB with more usage scenarios and value-added opportunities, including decentralized finance (DeFi) and other applications.

BNB coin is a virtual currency issued by Binance Exchange. It has functions such as payment fee discounts, participation in voting rights, and support for crowdfunding projects. Its trading platforms include Binance Exchange, Binance DEX and many currencies. An smart chain ecological project. Holding BNB coins can earn economic benefits and participate in the construction of the Binance ecosystem.

3. Today’s BNB currency market

BNB real-time price data

BNB’s current price is $225.63, and the 24-hour transaction volume is $297 million. The price of BNB fell by 0.69% in the past 24 hours. Currently, BNB ranks 4th in market value, with a real-time market value of $34.70 billion, a circulating supply of 154 million BNB, and a maximum supply of 200 million BNB. We will update the BNB/USD price in real time.

BNB Price Performance (USD)

Time Range Rise and Fall Rise and Fall Today $ -1.47-0.64 %7 days $ 11.235.250 days $ 9.634.47% 3 months $ 9.574.44%

BNB Market Information

24-hour minimum/highest price 24-hour minimum $223.74 Latest price $225.63 24-hour maximum $227.90 Popularity ranking 67 Market value Rank 4 Market value $34.70 billion Add self-selected number of people (percentage) 3.03% Historical high price $350.53 Historical low price $201.99 First issue time 2017/07/26 First issue price $0.15 Total circulating amount 154 million BNB circulating market value $34.70 billion

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