How to buy Binance from Bitget 

What is Binance (BNB)?

Binance is the largest cryptocurrency exchange in the world that was introduced in 2017 by Changpeng "CZ" Zhao. Since its launch, Binance has evolved to more than a digital exchange, and it currently has its own blockchain network called BNB Chain. The chain is a merge from two blockchains Binance Chain and Binance Smart Chain. Though the blockchain networks of Binance are quite new, they have a large user base, because they have relatively fast speed and low gas fee.

The BNB token was originally released as an ERC-20 token to raise funds for the Binance exchange in 2017. Then, when Binance launched their own networks, BNB with BEP token standards was released as the native token, and holders of ERC-compliant BNB could exchange for BEP-compliant tokens at a 1:1 ratio.

How Binance (BNB) Works

Binance is an ecosystem of solutions for digital assets that consists of CEX, DEX, blockchain networks, cryptocurrencies, etc. BNB Chain, the main blockchain network, uses the Proof of Stake (PoS) and Proof of Authority (PoA) consensus mechanisms. It has two sub-chains:

- BNB Beacon Chain (formerly Binance Chain) is responsible for governance

- BNB Smart Chain (formerly Binance Smart Chain) is EVM compatible and is where most on-chain transactions operate

How Many BNB Tokens Are in Circulation?

BNB, the native token of the Binance ecosystem, was created to raise funds for the Binance CEX and later used to enjoy discounted trading fees for users. Then as the ecosystem expands, the use cases of BNB also increase. Now BNB tokens can be used to pay gas fees and to stake on the BNB Chain, as well as used as payment methods accepted by various merchants.

BNB's Total Supply: 200,000,000

BNB's Circulating Supply: 161,337,261.09

How to Buy Binance (BNB)

Consider investing in Binance (BNB)? It only takes 2 minutes to create an account on Bitget and start trading BNB. 

Check out the available BNB trading pairs on Bitget!

Futures market

BNBUSDT

Spot market

BNBUSDT

BNBUSDC

Related Pages

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How to buy Binance from Bitget 

What to Do After I Buy Binance

Store/Hold Binance

Many users hold on to their Binance with the expectation of it increasing in value. You can store your BNB safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Binance

You can trade Binance for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Binance trading to meet your needs.

Send Binance

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Binance online and send to anyone and anywhere with their Binance address.

Spend Binance

You can also buy goods and services with your Binance. More and more vendors and retailers accept Binance every day.

Donate Binance

Bitget Charity accepts Binance donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Binance so no one misses out on the growth made possible by blockchain.

Learn More About Binance

You can read more in-depth articles on Binance from Bitget Research and study how cryptocurrencies like Binance work on Bitget Academy

Buy and Sell BNB on the Move

Download the Bitget crypto trading app and trade your BNB plus 150+ cryptocurrencies, anytime and anywhere.

(!) Cryptocurrency investment activities, including actions done to buy Binance online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Binance instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Binance purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.