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Binance Coin (BNB)

Not Earning Earning

€ 675,92

-1,17 % € -7,91
24h 1w 1m 1y All

Binance Coin Price in Euros

(BNB to EUR)

€ 675,92

Binance Coin Volume

(24h)

€ 2.17 B

Market Cap

(Binance Coin)

€97.34 B
BTC

What is Binance Coin

The Binance Coin was released by Binance in 2017 and serves as a utility token. With this, Binance wanted to reduce transaction costs.

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How does Binance Coin work?

Binance Coin (BNB) was issued in 2017a as an ERC20 token but has since become a native token. BNB runs on the Binance Chain blockchain.

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€

How to buy Binance Coin?

Do you want to buy Binance Coin (BNB) with creditcard? This is possible at crypto exchanges that support this currency, such as Coinmerce.

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How to buy Binance Coin?

You want to buy (BNB)? You can buy (BNB) using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see (BNB), use the search function to search for (BNB) and click on the name. You can indicate for how many euros you want to buy (BNB) in the right window. Below is shown how much (BNB) you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy (BNB) when the price of (BNB) reaches your entered value. You can also execute a repeating order. Do you want to buy (BNB) with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive (BNB).

Earn Earn

2,00%

Est. Yearly rewards

0,01479 BNB

Minimum holding Minimum holding

Not active

Status
How much? *
BNB BNB
How long? *
*For calculating purposes only. If you start earning, you will earn the full amount in your BNB wallet.
Estimated earning **
Based on 1000 euro the estimated annual earning will be:

€ 0,00 *

Approx 0,00 BNB
Earn
*Rewards are calculated weekly and may vary from time to time, and the rates presented are not guaranteed.

More info

Staking Binance Coin (BNB)? No need to if you like to earn rewards over your BNB tokens. In fact, you can use Binance Coin for Earn. This is similar to staking; in both cases, you receive a passive income over your crypto. The difference is in the way it works. By deploying BNB for Earn, you lend your Binance Coins to third parties. They make sure they earn rewards with the BNB. Because you contribute to them, you receive rewards yourself. This way you can earn money with BNB, without having to actively do anything. The earned BNB can be redeployed to Earn, so rewards will grow over time.

History

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About Binance Coin

In 2017, crypto exchange Binance issued its own crypto. This was the Binance Coin (BNB). With this Binance wanted to reduce the transaction costs that were normally paid. You can pay the trading costs on the Binance exchange with the Binance Coin. However, there are also many people who hold this coin, pay with it or trade it. The coin first ran as an ERC20 token on the Ethereum blockchain. However, the switch to BEP2 token was made in 2019, when Binance released its own blockchain; Binance Chain blockchain. Since then, Binance Coin no longer runs on Ethereum. It is not possible for nodes to mine BNB. It does not use a consensus algorithm that you normally see, such as Proof-of-Work and Proof-of-Stake. The Binance Chain blockchain uses the Byzantine Fualt Tolerance (BFT) algorithm. In this algorithm, there are validators that earn BNB by securing the network and validating blocks.

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Video Video
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Founder Changpeng Zhao
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Founder
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Founder
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Founder
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Founded 2017
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Industry Exchange
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Website Website
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Network Ethereum
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Location Malta
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Rank 6
euro
Market Cap 97.34 B
euro
Trading volume 2.17 B
euro
Maximum coins 0
euro
Circulating 144.01 M
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Facebook Facebook
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Twitter Twitter
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BNB Summary

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