BSC stands for Binance Smart Chain, a blockchain created by Binance exchange.
Binance Coin (BNB BSC) Crypto Exchange
Instantly exchange Binance Coin at the best Smart Chain BNB exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
BNB Market Data
Binance Coin (BSC) USD price, market cap and supply
Binance Coin (BSC) Price is $697.5944. Its current circulating supply is bnb 139,289,315 with a market cap of $97,167,439,378.83.
PRICE
$ 697.5944
MARKET CAP
$ 97,167,439,378.83
24h % PRICE
1.54 %
24H VOLUME
$ 1,784,593,476.04
7d % PRICE
5.53 %
COIN SUPPLY
139,289,315 BNB
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Why exchange Binance Coin (BSC) (BNB) on ChangeNow
The average time for exchange is about 2 minutes. You can track the crypto swap progress on the exchange page.
- 98%Triumph Rate🔥Swaps completed with the better exchange rate or deviated from estimate for less than 0.5%
- 5M
Satisfied Clients - 2 minAverage Exchange Time
- 1324Currencies available for exchange
Top cryptocurrencies to exchange with BNB
What is BSC Coin?
BNB, formerly known as Binance Coin, itself is a utility token of the Binance Exchange, which is represented in 2 variations on different platforms: BEP2 and BEP20. BNB Coin BSC is built on a BEP20 standard, which is more like Ethereum’s ERC20 standard. Despite the fact that both Binance tokens have the same ticker, they differ a lot.
BNB Smart Chain, formerly known as Binance Smart Chain, was launched in September 2020 as a parallel network to the Binance Chain. The idea behind BNB Smart Chain was to make a programable blockchain, like Ethereum, with smart contracts execution and staking. There are some fundamental differences between BNB Beacon Chain and BNB Smart Chain. First of all, the consensus algorithm was changed from Delegated Proof of Stake (DPoS) to Proof of Staked Authority (PoSA), with BFT transformed into Tower BFT. One of the most important features of the BSC is its full compatibility with Ethereum’s EVM.
BNB BSC could be used not only for a value transfer but also for running smart contracts and powering apps on BSC. The other way to utilise BSC is to pay fees on BNB Beacon Chain with BSC tokens. Last, but not least is tokens superpower to reduce trading costs on the Binance exchange.
BNB (BSC) Q&A
For each transaction in the Binance Smart Chain network, you will need BNB BSC coin to cover the network fees.
Here are some top projects in the BSC network:
PancakeSwap is a decentralized exchange built on the Binance Smart Chain (BSC) that allows users to trade crypto tokens, earn passive income, and engage in various activities. With PancakeSwap, users can instantly swap tokens without the need for registration or an account. Additionally, users can earn tokens by participating in yield farming and staking them in Syrup Pools, which offer high annual percentage yields (APY). The platform also features a lottery, trading competitions, and prediction games, providing users with opportunities to win prizes and engage with the community. PancakeSwap prioritizes transparency and security, utilizing publicly visible smart contracts and implementing robust security measures.
Venus (XVS) is a popular cryptocurrency project that serves as a decentralized lending platform on the Binance Smart Chain. It enables users to borrow and lend digital assets without the need for intermediaries, offering quick loans with affordable transaction costs. With its algorithmic money market and synthetic stablecoin VAI, Venus Protocol provides access to loan markets for various prominent coins, making it a versatile and efficient platform for users seeking decentralized lending solutions.
Wrapped Beacon ETH (WBETH) is a wrapped version of BETH, designed to provide users with double yield potential. It accumulates ETH2.0 staking rewards by growing in value in relation to BETH, rather than increasing in quantity. WBETH allows users to earn staking rewards while holding it and explore exciting opportunities in the world of decentralized finance (DeFi) and other decentralized applications (dApps). By wrapping their BETH into WBETH, users can send their staked ETH off-platform, hold WBETH in their own wallets to receive staking rewards, and even earn additional yield through DeFi strategies like yield farming and vaults. Unwrapping WBETH allows users to redeem their staked ETH.
