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What is Binance Coin (BNB)?what is the price of BNB?

What is Binance Coin (BNB)?what is the price of BNB?

About Binance Coin

Binance Coin (BNB) is a digital currency introduced by the world's largest cryptocurrency exchange, Binance in 2017. Binance Coin was originally an ERC-20 token, a standard common among Ethereum-based tokens. However, in 2019, it migrated to its own blockchain, BNB Chain. The chain is a merge from two blockchains Binance Chain and Binance Smart Chain. This independent chain allows BNB to exist outside of Ethereum's infrastructure and grants Binance the ability to tweak and improve its performance.
BNB is a utility token that provides users with a diverse range of services. It can be used to pay for transaction fees on the Binance platform at a discounted rate, participate in token sales on the Binance Launchpad, make in-store payments, and even book travel accommodations.

BNB price

Today (updated at 12:00 on August 26, 2023):
The live price of BNB is $216.3 per (BNB / USD) today with a current market cap of $33,278,267,869.97 USD. The 24-hour trading volume is $418,380,569.43 USD. BNB to USD price is updated in real time. BNB is -0.7% in the last 24 hours. It has a circulating supply of 153,851,150 .