BNB

BNBBNB

Binance Coin
$34.28
+3.64%
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  • Market Cap
    $4,810,892,856
  • 24h Vol (Global)
    ฿37,144 ($295,357,916)
  • Circulating Supply
    140,345,602
  • Issue Date
    2017-07-08
  • Issue Price
    $0.150000
  • 1m
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
200,000,000140,345,6022017-07-08$0.150000
POS1
explorer.binance.org
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
188,345,602dBFT-https://www.binance.com/COIN

From the ICO, Binance issued its own coin called the Binance Coin, with BNB as the symbol. BNB runs natively on Binance chain. The coin was established with a total supply of 200 million. Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. The BNB coin itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Crypto.com has included support for Binance’s BNB token to its platform which includes the MCO Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts. - Nexo platform supports the BNB coin as collateral for instant crypto loans. BNB Value & The Burn 1. You can use BNB to pay for any fees on Binance platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNB to pay for fees, you will receive a significant discount: 1st year: 50% 2nd year: 25% 3rd year: 12.5% 4th year: 6.75% 5th year: no discount 2. The Burn Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. 3. Decentralized Exchange On April 23, 2019, Binance has completed the Binance Coin (BNB) mainnet swap. In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.

Teams
    Changpeng Zhao (CZ)

    Changpeng Zhao (CZ)

    Founder & CEO

    Expert in blockchain and trading systems Possesses an impressive track record of successful startups Previously Head of Bloomberg Tradebook Futures R&D team at Bloomberg Head of Technology at Blockchain.info Serial entrepreneur and multiple other startups.

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    Yi He

    Yi He

    Co-Founder & CMO

    Previous Vice President of Yixia Technology (a comapany with 20billion RMB market value) including Miaopai, Xiaokaxiu, Yizhibo), Previous Co-founder at OKCoin Previous travel TV host One of the most influential females of Chinese Internet Industry

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    Ted Lin

    Ted Lin

    Chief Growth Officer

    Ted leads the Growth, Commercial, and Education initiatives at Binance. Graduated from Cornell University with Masters in Computer Science, he has successfully led multi-national expansion initiatives in well known tech companies including Infortrend, Transcend and ASUS. Having witnessed and fueled the exciting technological disruptions brought on by mobility, big data, distributed and cloud computing, Ted has once again risen to the challenge to join the next revolution, where he works with the team of fellow Binancians to advance the adoption of cryptocurrency and proliferate blockchain technology by building and leveraging the power of the Binance ecosystem.

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    Wei Zhou

    Wei Zhou

    CFO

    Mr. Zhou brings over 15 years of executive experience at leading technology, internet and media companies where he has built up particular expertise in financial management and accounting, capital markets and investments, as well as growing and scaling business operations in both China and the United States. Previously Wei served as CFO of Zhaopin.com and Charm Communications and led these companies through their IPO listings on the NYSE and NASDAQ. In addition, he orchestrated the landmark acquisition of Grindr, the world’s leading LGBTQ+ social networking platform, where he currently serves as the Vice Chairman. Wei started his career at Goldman Sachs Hong Kong in Investment Banking and later moved to its Asian Special Situations Group. Wei Zhou graduated from Harvard University with a Bachelor’s Degree in Economics and East Asian studies.

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    Ella Zhang

    Ella Zhang

    CEO of Binance Labs

    Ella has over 14+ yrs experience in venture capital and high tech. She was the youngest investment director of KPCB, where she was early investor for several successful companies including Rong360 (NYSE: JT) and Ximalaya FM. Prior to KPCB, Ella worked at Google, Tencent and UTStarcom in interdisciplinary roles. Ella also co-founded XiaoduoAI, which provides NLP solutions to more than 50,000 clients including Taobao and EMS. Ella holds a B.S.E.E. from UESTC and MBA from Stanford GSB. Ella strongly believes that Blockchain technology and cryptocurrency will “Change lives. Change organizations. Change the world”.

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    Helen Hai

    Helen Hai

    Head of BCF

    HAI Helen is head of BCF, she is United Nations Goodwill Ambassador (UNIDO). She was named a 2015 Young Global Leader by World Economic Forum, She received the 2015 African Business Icon Award, and awarded as Officer of the National Order of Lion of Senegal in 2016. She was named 2017 Wu Fellow by UC Berkeley, Global Visionary by UBS, and 2018 Aspen Fellow by Aspen Institute. She has BA and MSc degree from University of London, and EMBA from INSEAD and Tsinghua University.

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ICO
ICO Date
ICO Raised Date2017-07-01
ICO end date2017-07-21
ICO Supply Amount
ICO Token/Coin Supply100000000 BNB
Hardcap- USDT
Softcap- USDT
Supply Change
Total Supply Change Before ICO- BNB
Total Supply Change After ICO- BNB
ICO Amount
ICO price0.15000000 USDT
Actual Fundraising-
AcceptingBTC/ETH
Introduction

From the ICO, Binance issued its own coin called the Binance Coin, with BNB as the symbol. BNB runs natively on Binance chain. The coin was established with a total supply of 200 million. Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. The BNB coin itself has multiple forms of utility, essentially being the underlying gas that powers the Binance Ecosystem. The current most prominent use cases include using BNB to: - Pay for trading fees on the exchange, obtaining the equivalent of a 50% discount on trades (during the first year). - Crypto.com has included support for Binance’s BNB token to its platform which includes the MCO Visa Card and mobile app. - Uplive platform supports BNB to buy virtual gifts. - Nexo platform supports the BNB coin as collateral for instant crypto loans. BNB Value & The Burn 1. You can use BNB to pay for any fees on Binance platform, including but not limited to: Exchange fees, Listing fees, and any other fee. When you use BNB to pay for fees, you will receive a significant discount: 1st year: 50% 2nd year: 25% 3rd year: 12.5% 4th year: 6.75% 5th year: no discount 2. The Burn Every quarter, we will destroy BNB based on the trading volume on our crypto-to-crypto platform until we destroy 50% of all the BNB. All transactions will be on the blockchain. We eventually will destroy 100MM BNB, leaving 100MM BNB remaining. 3. Decentralized Exchange On April 23, 2019, Binance has completed the Binance Coin (BNB) mainnet swap. In the future, Binance will build a decentralized exchange, where BNB will be used as one of the key base assets as well as gas to be spent.

News
Binance's 50,000 BNB Community Giveaway Has Now Concluded
2019-05-21
Binance Coin (BNB) Heads Toward $30 With A $4 Billion Valuation
2019-05-20
Up $1,200: Bitcoin Price Surges Above $8K
2019-05-13
$7,900: Bitcoin’s Price Extends Gains to Hit 9-Month High
2019-05-13
Binance Clients Just Got an Idea: Compensation
2019-05-13
As Bitcoin Continues Its Climb, Top Crypto Assets Tease Breakouts
2019-05-10
Fundamental Labs Fund to Invest $44 Million in Brand-New Bitcoin Miners
2019-05-09
Binance faces criticism for considering rollback of the Bitcoin blockchain
2019-05-08
Binance Hack: Shock, Conspiracy Theories, Ego Pump and BNB
2019-05-08
Binance Considered Pushing for Bitcoin ‘Rollback’ Following $40 Million Hack
2019-05-08
World’s Biggest Crypto Exchange Binance Reports 7,000 Bitcoin Hack
2019-05-08
Margin trading for BTC, BNB, ETH, TRON and XRP could soon come to Binance
2019-05-05
Bitfinex IEO Details Go Public as The Exchange Plans to Issue New 1 Billion “LEO” tokens
2019-05-04
Binance, OKEx and KuCoin Are Using IEOs to Command the Spotlight
2019-05-04
Bitcoin Price Smashes High for 2019: Things are Looking Bright
2019-05-04
CV Market Watch™: Weekly Crypto Trading Overview (April 26 - May 1, 2019)
2019-05-03
Bitcoin Rallies to New 2019 High, Altcoins Climbing Steadily
2019-05-03
Crypto-Market Update: Bitcoin [BTC] Nears $100 Billion Mcap As Alts ETH, XRP, and BCH Feel Pressure
2019-05-03
ChangeNOW’s Token Listed on BinanceDEX After Migrating to Binance Chain
2019-05-03
Binance Coin Price Targets $23 in Renewed Uptrend
2019-05-02
Bitfinex Shareholder Provides More Details About Potential $1 Billion Token Sale
2019-05-01
Bolt – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The Bolt Token
2019-05-01
Binance Coin Price Resumes its Slightly Bearish Trend
2019-04-29
Binance上市Cosmos(ATOM)
2019-04-28
Binance Will List Cosmos (ATOM)
2019-04-28
Matic Network "Wins" USD 5 million in Binance Lottery
2019-04-25
Matic Network(MATIC)抽签完成并开放交易
2019-04-25
Binance Completes Matic Network Lottery Draw and Will Open Trading For MATIC
2019-04-25
Bitcoin Cash [BCH], Litecoin [LTC], Binance Coin [BNB] Become Biggest Losers; Dip By More Than 8% In A Day
2019-04-24
Chainalysis Adds Real-Time Transaction Monitoring for 4 More Cryptos
2019-04-24
Lack of Binance Chain’s Full Node Open Source Code Raises a lot of Questions
2019-04-24
Binance Coin (BNB) Falters Pushing Bitcoin Dominance Index to 2019 High
2019-04-24
Matic Network(MATIC)开启摇号申购
2019-04-24
Matic Network (MATIC) Token Sale & Ticket Claim Update
2019-04-24
Binance Hype: Blockmason Democratizing the Credit Creation by Blockchain Technology
2019-04-24
Crypto-Market Update: ‘Bitcoin [BTC] Maximalists’ Looks To Ruin Alt-season as ETH, LTC, BNB and XRP Trades Lower
2019-04-24
Bitcoin Price Sparks Altcoin Bloodbath As Ripple CTO Quietly Dumps XRP
2019-04-24
Sell The News: Binance Launches DEX & Singapore Crypto Platform, BNB Slumps
2019-04-24
Bitcoin Cash (BCH) Price Analysis: Sharp Decline, Crucial Buy Zones Nearby
2019-04-24
Binance Coin (BNB) Price Correction Likely Over, Should You Buy?
2019-04-24
Binance enables BNB Mainnet deposits, launches Binance DEX and Singapore fiat bridge
2019-04-23
Binance DEX is Live, BNB Drops
2019-04-23
Binance Coin: The Crypto Space’s New Leader?
2019-04-23
Binance Completes Mainnet Swap, Launches DEX for New Binance Coin (BNB)
2019-04-23
Weiss Ratings: Is Binance Coin (BNB) “The New Bitcoin”?
2019-04-23
Digitex Futures Price Falls off a Cliff as Losses Pile up
2019-04-23
Binance Launches Decentralized Exchange Ahead of Schedule
2019-04-23
Binance完成BNB主网切换,开放充值提现
2019-04-23
Binance Completes BNB Mainnet Swap and Opens Deposits / Withdrawals
2019-04-23
Binance CEO Says Ethereum ‘Can Do Much More’ Than Binance Coin
2019-04-23