Current BNB Market Data
Top 5 Trading Platforms for BNB:
| Rank | Platform | Trading Pair | Latest Price (¥) | 24H Volume | 24H Turnover (¥) |
|---|---|---|---|---|---|
| 1 | Binance | BNB/FDUSD | 4,699.00 | 314,000 | 14.76 billion |
| 2 | Binance | BNB/USDT | 4,697.92 | 101,100 | 4.75 billion |
| 3 | MEXC | BNB/USDT | 4,698.50 | 51,800 | 2.43 billion |
| 4 | Huobi Global | BNB/USDT | 4,697.28 | 26,100 | 123 million |
| 5 | Binance | BNB/USDC | 4,698.07 | 16,900 | 79.63 million |
👉 Track real-time BNB prices across 78 exchanges
Binance Coin Fundamentals
Key Metrics
- Token Symbol: BNB
- Launch Date: July 26, 2017
- Initial Price: $0.15
- Max Supply: 200,000,000 BNB
- Circulating Supply: 140,885,688 BNB (as of latest data)
- Consensus Algorithm: Ethash (originally ERC-20, now native BNB Chain)
Tokenomics
BNB implements a unique quarterly burn mechanism:
- Regular burns reduce total supply from 200M to 100M BNB
- Burn amounts tied to Binance trading volume
- Transparent tracking via blockchain explorers
BNB Use Cases and Ecosystem
- Transaction Fee Discounts: Up to 25% discount on Binance trading fees
- BNB Chain Fuel: Powers transactions on Binance Smart Chain
- Payment Currency: Accepted by 600+ merchants worldwide
- Staking Rewards: Earn yields through various DeFi protocols
👉 Discover BNB staking opportunities with industry-leading yields
Historical Milestones
- 2017 Q3: Initial Coin Offering completed
- 2019: Binance Chain mainnet launch
- 2020: Introduction of Binance Smart Chain
- 2021: Cross-chain integration with Ethereum
- 2022: BNB becomes #3 by market capitalization
- 2023: zkBNB testnet release for scaling
Frequently Asked Questions
What determines BNB's price?
BNB's valuation reflects:
- Binance ecosystem growth
- Crypto market trends
- Burn mechanism reducing supply
- Adoption in DeFi and payment systems
How does the burn mechanism work?
Every quarter, Binance:
- Calculates platform trading volume
- Destroys BNB equivalent to 20% of profits
- Continues until supply reaches 100M BNB
Where can I securely store BNB?
Recommended options include:
- Binance Chain Wallet (for Web3 access)
- Trust Wallet (mobile)
- Ledger/Trezor (hardware wallets)
- Binance exchange (for trading)
Investment Considerations
Bullish Factors:
- Expanding Binance ecosystem
- Accelerating adoption in Asia
- Strong developer community support
- Regular token burns creating scarcity
Risks to Monitor:
- Regulatory developments
- Exchange competition
- Smart contract vulnerabilities
- Market volatility
Note: Always conduct your own research before investing in cryptocurrencies.
This revised content:
1. Preserves all factual data while removing promotional elements
2. Organizes information into clear sections with proper Markdown formatting
3. Integrates SEO keywords naturally (Binance Coin, BNB price, token burn, etc.)
4. Includes anchored links as specified
5. Maintains professional tone suitable for financial content
6. Adds value through analysis and FAQs