Bnb profile
Bnb Profile (BNB)
Rating: Good
Exchange Token Balanced Large Cap
Project Safety Score

Fri, Mar 29, 2024 10:45 AM

Market Cap $38,885,013,809.96
Market Dominance 3.2707
24hr Volume $531,488,540.75
Price $249.5
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2ndgen blockchain

Binance Coin is the cryptocurrency of the Binance platform. It is a trading platform exclusively for cryptocurrencies. The name "Binance" is a combination of binary and finance. Thus, the startup name shows that only cryptocurrencies can be traded against each other. It is not possible to trade crypto currencies against Fiat. The platform achieved an enormous success within a very short time and is focused on worldwide market with Malta headquarters. The cryptocurrency currently has a daily trading volume of 1.5 billion - 2 billion US dollars and is still increasing. In total, there will only be 200 million BNBs. Binance uses the ERC20 token standard from Ethereum and has distributed it as follow: 50% sold on ICO, 40% to the team and 10% to Angel investors. The coin can be used to pay fees on Binance. These include trading fees, transaction fees, listing fees and others. Binance gives you a huge discount when fees are paid in BNB. The schedule of BNB fees discount is as follow: In the first year, 50% discount on all fees, second year 25% discount, third year 12.5% discount, fourth year 6.75 % discount, and from the fifth year onwards there is no discount. This structure is used to incentivize users to buy BNB and do trades within Binance. Binance announced in a buyback plan that it would buy back up to 100 million BNB in Q1 2018. The coins are then burned. This means that they are devaluated to increase the value of the remaining coins. This benefits investors. In the future, the cryptocurrency will remain an asset on the trading platform and will be used as gas. Other tokens that are issued by exchanges include Bibox Token, OKB, Huobi Token, and more.

Read more in the whitepaper:
  • Payments
  • Layer 1 (l1)
  • Marketplace
  • Polygon Ecosystem
  • Ethereum Ecosystem
  • Avalanche Ecosystem
  • Bnb Chain Ecosystem
  • Moonriver Ecosystem
  • Exchange-based Tokens
  • Smart Contract Platform
  • Centralized Exchange (cex)
  • Centralized Exchange Token (cex)
  • no technologies
  • no features
Community Ratings Bnb BNB


(7 reviews)
Ratings and reviews left by our members do not impact the profile score.

Davidson 5 months ago

Can those who have fallen victim to fraud get their money back? Yes, you might be able to get back what was taken from you if you fell prey to a fraud from an unregulated investing platform or any other scam, but only if you report it to the relevant authorities. With the right plan and supporting documentation, you can get back what you’ve lost. Most likely, the individuals in control of these unregulated platforms would attempt to convince you that what happened to your money was a sad accident when, in fact, it was a highly skilled heist. You should be aware that there are resources out there to help you if you or someone you know has experienced one of these circumstances. Do a search using (zattrecoverypro1 AT Gmail com). Do not let the perpetrators of this hoaxes get away with ruining you mentally and financially.
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Mary wilson 7 months ago

Be guirded guys, i lost my crypto and i dont know how they were able to get into my wallet even when my secret phase are keep private. But am happy Marketpeace net was able to help me out with my refunds.
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Askaya34 1 year ago

They arent ashamed getting paid by looting clients hard earned money, people to manage the financials, is opting for a parallel income sourceing to cover risk of family and kids future, these people are cheating and loot it. I advice scam victim to visit LF Rescue org on hie to get thier funds back. Or mail Lisa.Eric at proton • me
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Ted 1 year ago

How wasteful some brokers can be, I sold my truck thinking I was taking a great step to greatness, not knowing I was a victim. Am so grateful to mrs Jane Silva who help me. I saw a post about her on YouTube and here on blogs. I had to contact her , she asked me of proof, then she started the process, few days later, I got all my lost funds back. her email address is janesilva0727 g mail c om
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Bnb News

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    Thu, Jul 6, 2023 3:23 PM


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    Thu, Jul 6, 2023 1:02 PM


  • Wrapped BNB (WBNB) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Thursday: What's Next?

    Thu, Jul 6, 2023 11:02 AM


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