BNB (Binance Coin) is the native token of Binance, the world's largest cryptocurrency exchange. Launched in 2017, BNB serves multiple utilities, including fee discounts, participation in rewards programs, and powering the BNB Smart Chain. With a deflationary burn mechanism, BNB plays a pivotal role in Binance's ecosystem, growing alongside the platform's expansion.
This guide explores BNB’s features, use cases, and future potential.
BNB (Binance Coin) Key Information
| Metric | Details |
|---------------------|---------------------------------------------|
| Name | BNB (Binance Coin) |
| Symbol | $BNB |
| Market Cap | ~$82.9B (Rank #5) |
| Category | Utility Token (Platform + Native Chain) |
| Blockchain | BNB Chain |
| Circulating Supply | 140.88M BNB |
| Max Supply | 100M (after burns) |
| Official Links | Website · Twitter |
BNB Tokenomics
Initial Launch
- 2017 ICO: 200M BNB issued at $0.15 per token.
- Burns: Auto-burn reduces supply to 100M, enhancing scarcity.
Burn Tracking
- Total Burned (2025): ~61.11M BNB ($32B value).
- Burn Mechanism: Adjusts based on price to stabilize supply.
BNB Use Cases
1. Fee Discounts on Binance
- Spot Trading: 25% discount.
- Futures Trading: 10% discount.
2. Staking & Passive Income
- Launchpool: Stake BNB to earn new tokens.
- Megadrop: Lock BNB + complete tasks for airdrops.
3. BNB Smart Chain Utility
- Gas Fees: Pay for transactions.
- DeFi: Collateral for loans or yield farming.
BNB Price Trends (2018–2025)
- 2018–2020: Stabilized below $10.
- 2021 Bull Run: Peaked at $691 (BSC DeFi boom).
- 2022 Bear Market: Dropped to ~$183.
- 2025: Consolidating at ~$588 (-26% from ATH).
Future Outlook
Opportunities
- Growing Demand: More Binance users = higher BNB utility.
- Ecosystem Expansion: DeFi, gaming, and Layer-2 (opBNB) adoption.
Risks
- Regulatory Scrutiny: Past SEC fines may slow innovation.
FAQ
Q: How do I buy BNB?
A: Purchase on Binance, OKX, or Bybit. Steps:
- Sign up + KYC.
- Deposit funds (e.g., USDT).
- Trade for BNB.
Q: Is BNB a good investment?
A: BNB’s value ties to Binance’s growth. Diversify and assess risks.
Q: What’s the best way to earn with BNB?
A: Stake in Launchpool or use BNB Smart Chain DeFi apps.
Final Thoughts
BNB is a cornerstone of crypto’s infrastructure. Whether you’re trading, staking, or building on BSC, understanding its mechanics is key. Stay informed, manage risks, and capitalize on opportunities.
📌 Pro Tip: Avoid unregulated exchanges to protect assets.
Anchor Links:
👉 Buy BNB on Binance
👉 BNB Burn Tracker