Binance Coin Price for today is $21.924. Its current circulating supply is BNB 176,406,560.90 with a market cap of $3,165,936,429.97.
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Binance is the cryptocurrency exchange platform considered to be the biggest in terms of trading volume. The service was launched in 2017. Aside from the exchange platform, Binance ecosystem includes an academy, labs, a launchpad, a charity “on the blockchain” and a research database for traders. BNB coin is in the top-10 cryptocurrencies by market cap. Many businesses started to accept BNB as a form of payment, so the potential of this crypto is very positive.
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BNB was developed as a utility token for discounted trading fees and launched in 2017 as an ERC20 token. It then became a native coin of the main Binance Chain blockchain. It has many applications and also serves as an underlying gas to power an entire ecosystem. BNB could be used to pay for travel expenses, purchase virtual gifts, shop using a credit card, donate to charity etc. You can also buy, sell and trade it, of course.
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