Binance Coin Price(BNB)

What is Binance Coin (BNB)

What is Binance Coin? BNB powers the Binance ecosystem and is the native asset of the Binance Chain. BNB is a cryptocurrency created in June 2017, launched during an ICO in July, and initially issued as an ERC-20 token. Designed to be used for a fee reduction on the Binance exchange, its scope was extended over the years. BNB powers the Binance Chain as its native chain token. For instance, it is used to pay fees on the Binance DEX, issue new tokens, send/cancel orders, and transfer assets. BNB is also powering the Binance Smart Chain, which is an EVM-compatible network, forked from “go-ethereum”. It supports smart contracts and relies on a new consensus mechanism: Proof-of-Staked Authority (PoSA) consensus (“Parlia”), which incorporates elements from both Proof of Stake and Proof of Authority. BNB is used for delegated staking on the authority validator, leading to staking rewards for users and validators. Besides its on-chain functions, BNB has multiple additional use-cases such as fee discounts on multiple exchanges (e.g., Binance.com), payment asset on third-party services, and participation rights & transacting currency on Binance Launchpad.

Binance Coin is available on MEXC, providing you with the convenience of purchasing, holding, transferring, and staking the token directly on our platform. Whether you are a seasoned investor or a newcomer to the world of cryptocurrencies, MEXC offers a user-friendly interface and a variety of tools to manage your Binance Coin investments effectively. For more detailed information about this token, we invite you to visit our digital asset introduction page.

Additionally, you can:
- Check BNB staking availabilityto see how you can earn rewards on your holdings.
- Read reviews and analytics about Binance Coin on our blog to stay informed about the latest market trends and expert insights.

Our comprehensive resources are designed to make your Binance Coin buying experience smooth and informed, ensuring you have all the tools and knowledge needed to invest confidently.

Binance Coin Price Prediction (USD)

How much will Binance Coin (BNB) be worth in USD tomorrow, next week, or next month? What could your Binance Coin (BNB) assets be valued at in 2025, 2026, 2027, 2028 — or even 10 or 20 years from now? Use our price prediction tool to explore both short-term and long-term forecasts for Binance Coin.

Check the Binance Coin price prediction now!

Binance Coin (BNB) Tokenomics

Understanding the tokenomics of Binance Coin (BNB) can provide deeper insight into its long-term value and growth potential. From how tokens are distributed to how the supply is managed, tokenomics reveal the core structure of a project's economy. Learn about BNB token's extensive tokenomics now!

How to buy Binance Coin (BNB)

Looking for how to buy Binance Coin? The process is straightforward and hassle-free! You can easily purchase Binance Coin on MEXC by following our step-by-step How to Buy guide. We provide you with detailed instructions and video tutorials, demonstrating how to sign up on MEXC and use the various convenient payment options available.

BNB to Local Currencies

Binance Coin Resource

For a more in-depth understanding of Binance Coin, consider exploring additional resources such as the whitepaper, official website, and other publications:

Binance Coin (BNB) Important Industry Updates

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Disclaimer

Cryptocurrency prices are subject to high market risks and price volatility. You should invest in projects and products that you are familiar with and where you understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. MEXC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third party sources. They are presented to you on an “as is'' basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under MEXC’s control. MEXC is not responsible for the reliability and accuracy of such third-party sites and their contents.