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View ChartBinance Coin (BNB) is a cryptocurrency created and issued by Binance cryptocurrency exchange.The creation of Binance Coin is mainly to promote the operation of Binance exchange and ecosystem. It can be used for several different purposes in the Binance ecosystem, such as paying transaction fees, withdrawal fees, listing and exchange fees, etc. Binance Coins can also be used to invest in new IEOS listed through the Binance launchpad program.
Each transaction completed by users in BNB will receive a discount according to the preset schedule. The details are as follows: 50% discount for all transactions in the first year, 25% discount for transactions in the second year, 12.5% discount for transactions in the third year, 6.75% discount in the fourth year, and no discount after that. The purpose of these discounts is to encourage traders to use Binance Coins.
Some partnerships have also helped spread the use of the token. One of the partnerships is with uplive, Asia’s number one high-end live video platform. Taking advantage of its 20 million users, uplive sells virtual gifts of BNB tokens. Another platform that supports Binance Coins is Monaco, a groundbreaking payment and cryptocurrency platform that supports BNB tokens on its mobile applications and visa cards.
The Binance exchange’s native cryptocurrency, BNB (previously Binance Coin), was built to make trading easier and provide customers with a lot of perks. As a vital part of its ecosystem, Binance has integrated BNB, making it the largest cryptocurrency exchange by trading volume. One such blockchain that is compatible with the Ethereum virtual machine (EVM) and capable of smart contracts is BNB Chain. Binance Chain’s BNB (an acronym for “build and build”) token can be used for a variety of tasks, including but not limited to: creating, sending, receiving, burning, and minting new tokens. One further way BNB is useful within the Binance ecosystem is that users can trade and invest in Binance coins.
With an initial coin offering (ICO) price of $0.10 per token, BNB was launched in 2017 and has since grown tremendously. On October 9, 2025, BNB ranked as the fourth most valuable cryptocurrency by market cap. The Binance exchange is a major player in the cryptocurrency market, and BNB’s versatility and integration with other platforms contribute to its success.
As the discount rate of the Binance Coin decreases over time, the value of the coin is expected to decrease over time. Binance has a plan to fight this. According to their white paper, they plan to buy back tokens with 20% profit according to the transaction volume every quarter; These repurchased tokens are then “burned” (destroyed). This will continue until only 50% or 100 million tokens are in circulation. This is expected to help the token retain a lot of value. As of April 2018, Binance has burned 2220314 BNB tokens with a total value of about US $30 million.
Binance Coin was initially launched on the Ethereum blockchain and adopted the erc-20 standard, but was eventually migrated to Binance’s proprietary blockchain Binance chain. Binance chain does not support smart contracts, which is different from Ethereum blockchain. Binance chain uses the tendermint consensus mechanism, Byzantine fault tolerance (BFT).
It involves various types of nodes, such as verifier node, that is, members who vote to verify or declare the transaction invalid; Accelerator node to accelerate the transaction verification process; And the witness node, as the witness of the consensus process, broadcasts the transaction to other nodes. After each block is generated, the cost is distributed among verifiers.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
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TradeBNB (BNB) utilizes a dedicated Auto-Burn mechanism that programmatically calculates the quarterly burn amount based on BNB's real-time price and the number of blocks generated on the BNB Chain (BSC). This removes direct dependency on exchange quarterly revenues. The ultimate goal of Auto-Burn is to permanently reduce the total supply of BNB from 200 million down to 100 million. Combined with BEP-95 (which burns a portion of transaction Gas fees in real time), this dual deflationary model significantly reduces circulating supply. Assuming sustained market demand, this long-term scarcity mechanism helps support BNB's value over time.
BNB (BNB) serves as the primary native utility token across the BNB Chain ecosystem (including BNB Smart Chain, opBNB, and sidechains). Key use cases include: 1. Gas Fee Payments: Used to pay network transaction fees for transfer activity, interacting with DeFi protocols, minting NFTs, or deploying smart contracts on BSC. 2. PoSA Validator Staking: Node operators and token holders can stake BNB to participate in network consensus, earn staking rewards, and receive a cut of transaction fees. 3. DeFi & Payments: Utilized for liquidity pools on DEXs like PancakeSwap and for consumer merchant payments via Binance Pay.
BNB (BNB) offers extensive ecosystem incentives that directly spur buying pressure. Holding and staking BNB grants users access to Launchpool and Launchpad token sales, allowing them to farm new project tokens for free. The high annual percentage yield (APY) generated during these events drives long-term locking and spot demand. Additionally, using BNB to pay spot and futures trading fees unlocks VIP tier discounts. Users can also lock BNB into Simple Earn and flexible yield products, building a strong price floor through continuous utility.
While both BNB (BNB) and Ethereum (ETH) are market-leading Layer 1 native assets, they differ in economics and ecosystem focus. ETH uses a Proof-of-Stake model where issuance fluctuates based on network congestion (EIP-1559). In contrast, BNB enforces a hard cap of 100 million tokens supported by a deterministic Auto-Burn system. Operationally, BNB Chain prioritizes high transaction throughput and ultra-low Gas fees suited for high-frequency DeFi, GameFi, and consumer Web3 apps. Ethereum emphasizes maximum decentralization and security, serving as the hub for institutional capital and blue-chip DeFi. Additionally, BNB offers direct exchange perks and Launchpool participation rights.
Setting proper Take-Profit (TP) and Stop-Loss (SL) orders on BTCC for BNB perpetual futures is critical for risk management and avoiding liquidation. Because BNB can experience volatility surrounding mainnet updates or Launchpool announcements, placing defensive orders is essential. For Long positions, place your SL below major support levels; for Short positions, set it above key resistance zones. When prices surge during major catalyst events, scaling out profits using laddered TP orders is recommended. BTCC supports setting TP/SL before or after entering a trade, along with Trailing Stop orders to automatically lock in gains as the market moves in your favor.
According to real-time market data, BNB (BNB) is currently trading at $608.84 with a market capitalization of $82.07B and a 24-hour trading volume of _24h.26B. The current circulating supply is 133.16M out of a maximum supply of 133.16M. You can monitor millisecond-updated order book depth for both spot and futures contracts anytime on the BTCC platform or app.
Price movements for BNB are primarily influenced by four main drivers: 1. Ecosystem Events: The frequency and token quality of Launchpool/Launchpad launches (announcements usually prompt strong buy-ins, followed by sell-offs upon event completion). 2. Burn Metrics: Quarterly Auto-Burn quantities and long-term deflation expectations. 3. BNB Chain On-Chain Health: Total Value Locked (TVL), active wallet counts, and dApp adoption on BSC. 4. Macro and Regulatory Trends: Global regulatory shifts impacting centralized exchanges and Layer 1 networks, as well as broader crypto market trends led by Bitcoin (BTC).
Historical market records show that BNB (BNB) reached its All-Time High (ATH) of $1,370.55 on 2025-10-13 08:45, and logged its All-Time Low (ATL) of $0.1 on 2017-08-01 12:15. Across multiple bull market cycles, BNB has demonstrated strong upward momentum. You can analyze BNB's full price history, moving averages, and technical indicators on BTCC's interactive candlestick charting tools.
When analyzing BNB candlestick charts, combining technical indicators with fundamental catalysts (such as burn dates and launch pool news) yields the best results: 1. Moving Averages (MA/EMA): Watch for Golden Crosses or Death Crosses between the MA20 and MA200 to identify medium-to-long-term trends. 2. RSI and MACD: Identify overbought or oversold conditions and potential bullish/bearish divergences. 3. Support and Resistance: Use prior swing highs/lows along with Fibonacci Retracement levels to find optimal entry points. On BTCC, you can switch between 15-minute, 4-hour, or daily chart frames to build a tailored trading strategy.
If you anticipate that BNB prices will drop (e.g., following the conclusion of a Launchpool event or market correction), you can profit without owning spot assets by taking a Short position. On the BTCC exchange, select USDT-margined or Coin-margined BNB perpetual contracts, then click 'Sell / Short' to open a position at a higher price. Once the price drops, click 'Close' to buy back the position. The difference between the higher selling price and lower buyback price represents your net profit, allowing you to generate returns even during bear markets.
Yes, BTCC offers both USDT-margined and BNB-margined perpetual futures with customizable leverage settings (subject to platform risk management limits). Using leverage allows you to control a larger contract position with less initial margin, maximizing capital efficiency. However, leverage amplifies both potential profits and potential losses. Beginners are advised to start with lower leverage (e.g., 2x to 10x) and always utilize Stop-Loss orders to protect their account balance.
New users on BTCC can instantly switch to Demo Trading mode with a single tap on the trading dashboard. The system automatically credits your demo account with 100,000 USDT in virtual funds. This allows you to experience real-time order book liquidity, test leverage strategies, practice placing TP/SL orders, and observe BNB price behavior completely risk-free before committing real capital.
Getting started with trading BNB on BTCC involves four simple steps: 1. Register an Account: Sign up on BTCC and complete basic identity verification (KYC). 2. Deposit Funds: Buy USDT via credit/debit card in the 'Buy Crypto' section, or deposit BNB directly from an external wallet. 3. Select Contract: Navigate to the futures market and choose the BNB/USDT perpetual contract pair. 4. Execute Trade: Choose your margin mode and leverage multiplier, select 'Buy / Long' if bullish or 'Sell / Short' if bearish, set your Take-Profit and Stop-Loss boundaries, and confirm the order.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.