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BNB Coin

8.3

Trust Scrore

8.0/10

Support

9.0/10

Coin Quality

8.0/10

Pros

  • Binance is one of the most popular exchanges
  • Large amount of trust
  • Buy back

Cons

  • No backing (asset, profits, commodity)

What Is Binance Coin ( BNB ) ?

BNB is a cryptocurrency (token) that was created by Binance back in 2017. It was first issued and launched during an Initial Coin Offering (ICO) crowdfunding event, which took place between the 26th of June to the 3rd of July. 

The token sale offered 100,000,000 units of BNB (50% of the total supply). The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB (around 0.11 USD back then).

BNB was initially issued as an ERC-20 token (on the Ethereum platform), but it will be soon transferred to the main Binance Chain. The initial total supply of BNB was defined as 200,000,000 coins, but due to the regular coin burn events, the supply is gradually decreasing. To learn more about BNB coin burns .

Important Points Table Of Binance Coin

BasicPoints
Coin NameBinance Coin
Short Name BNB
Max Supply176,406,561 BNB
ExplorerClick Here To View
Technical DocumentationView Document
WebsiteClick Here To Visit

How to Buy the Binance (BNB) Coin & Trade On Exchange?

First Step

Buying BNB Is Very Easy Task . Just Find Exchange Where BNB Available & Buy Through Your Credit & Other Altcoin .

Second Step

Once You Purchased BNB . Now It Is Time To Store Your BNB Or Start Trading On Exchange .

What Is Features OF Binance Coin ?

Fast

Binance’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Binance is easy and intuitive. To buy BNB, you only need a few steps.

Secure & Trusted

Millions of global crypto users trust our account protection features, such as our multi-tier & multi-cluster system architecture and our SAFU (Secure Assets Fund for Users).

Liquid

Binance is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

Where to Store BNB Coin ?

You Can Store BNB Coin In ERC-20 Wallet . It Is Always Good Idea To Store Your Coin To Cold Wallet Or Offline Wallet .

Here Are Some Supported Wallet

  • Ledger Nano X
  • Ledger Nano S
  • Binance Chain Web Wallet
  • CoolWallet S
  • Trust Wallet

BNB Coin Team

Binance Coin team consists of multiple experienced industry professionals and pretty much everything checks out about them.

CEO

The CEO of Binance Coin is CZ (Changpeng Zhao).

CZ was the founder and CEO of BijieTech, a successful company that provides cloud-based exchange systems to exchange operators. BijieTech gained five million USD in first 12 months of operations.

CTO

The CTO and co-founder of Binance Coin is Roger Wang. Roger has 10+ years of experience in the finance industry, and has previously worked for the largest investment bank in Japan (Nomura Securities).

Chief Architect – James Hofbauer

VP of Engineering – Paul Jankunas

Product Director – Allan Yan

Operations Director – Sunny Li

BNB Coin Video

What Is Next Step To Do After Purchased BNB

1- You Can Trade On Exchange

After You Purchased BNB Coin You Can Start Trade On Supported Exchange . Binance Coin Available At Most Popular Exchange Binance Bnb Own Exchange .

2- You Can Send BNB To Your Friends

You Can Send Bnb Coin To Your Friends , Family & Anywhere In The World . Binance BNB Coin Blockchain Conformation Is Very Fast .

3- You Can Store BNB

You Can Store BNB On Wallet Or Cold Storage . Holding Bnb Coin Might Be Give You Long Term Return Or Profit . Many User Hold Coin For Long Time To Aim Get High Profit .

Binance Coin History

As of November 20, 2019, BNB token was considered the eighth largest crypto coin in terms of market capitalization, with a market cap of $2.87 billion. In 2017, a couple of months after its launch, the BNB coin graph witnessed its first low, which turned out to be an all-time low price of $0.096109. The BNB price graph then witnessed its first all-time high just a couple of years later in June 2019 when the coin price reached $39.57.

Since then, the price of BNB tokens has fluctuated. By the end of 2019, the coin price was cut in half to $18. As of April 20, 2020, the exchange rate for BNB is $16.24 with a coinmarketcap rank of number 9.

Rating: 3.5 out of 5.


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