Binance Coin (BNB)

The prices and percentages displayed are fictitious and do not reflect real-world values.

€ 563,54

0,65 % € 3,66

Binance Coin Price in Euros

(BNB to EUR)

€ 563,54

Binance Coin Volume

(24h)

€ 1.27 B

Market Cap

(Binance Coin)

€79.34 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).

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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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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 5
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Market Cap 79.34 B
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Trading volume 1.27 B
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Maximum coins
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Circulating 140.89 M
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