Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 145,887,576.00 |
Total Supply | 145,887,575.79 |
Max Supply | 200,000,000.00 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
12-11-2024 655.00192020273
-7.44%
|
12-11-2024 655.00192020273
-7.44%
|
07-06-2024 717.48
-15.50%
|
06-06-2024 ₹5,730,800.59
-15.78%
|
Low |
13-11-2024 606.28
0.00%
|
05-11-2024 552.00026982369
9.83%
|
30-11-2023 227.19638072093
166.85%
|
19-10-2017 ₹5,628.29
1,517,449.65%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
---|
Binance Coin is the cryptocurrency used by the Binance platform. It is a platform for trading cryptocurrency. The term "Binance'' is derived from the words binary and finance. As a result, the startup's name implies that only cryptocurrencies can be exchanged against one another. It is not feasible to trade cryptocurrencies over fiat. The platform has achieved significant success in a short period of time and is concentrated on the global market, with its headquarters in Malta.
The cryptocurrency presently has a daily trading volume of 1.5 billion to 2 billion US dollars and is continually growing. There will be a maximum of 200 million BNB coins. Binance employs the Ethereum ERC20 token standard and has allocated it as follows: 50% sold on ICO, 40% to the team, and 10% to angel investors. The currency may be used to pay Binance fees. These comprise trading costs, transaction fees, listing fees, and others.
Binance offers a significant discount when fees are paid in BNB. The following is the discount plan for BNB fees: The first year offers a 50% reduction on all costs, the second year a 25% discount, the third year a 12.5% discount, the fourth year a 6.75% discount, and the fifth year offers no discount. This structure is meant to encourage users to purchase BNB and execute transactions on Binance.
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