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Exchange Binance Coin

If you're looking to swap Binance Coin, SwapSpace is your one-stop-shop. We have some light reading for you - in case you'd want a refresher on what is Binance Coin or some fresh information about bnb’s price movements. And, of course, we provide you with the multiple Binance Coin exchange options so that you can choose the offer with the best rates and lowest Binance Coin fees, as well as other parameters that suit you.

Binance Coin Price Stats

To help you make a decision about exchanging your Binance Coin, we gathered some cold hard numbers: Binance Coin price chart and other stats, such as Binance Coin market cap.
24H HIGH

$304.58

BNB MARKET CAP

$50,984,193,395.957

CIRCULATING SUPPLY

168,137,035.9 BNB

24H LOW

$286.36

BNB PRICE

$303.23

24H VOLUME

$62,843,051.969

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Binance Coin Price Chart

Here you can see the current price of Binance Coin, as well as Binance Coin price history.

What is Binance Coin?

Binance Coin (BNB) is a utility token launched in 2017 by Binance — one of the largest cryptocurrency exchanges in the world. This launch is a part of the vision put forward by Changpeng Zhao — the founder of Binance Coin, as well as Binance exchange itself. His goal is the expansion of the Binance ecosystem, which also includes the development of its own blockchain, rolling out a wallet, opening some public educational resources, etc.

BNB was initially issued through an initial coin offering (ICO) on the Ethereum blockchain, to be used for discount trading fees. However, the system’s evolution changed how Binance Coin works: 

  • After the migration onto the Binance chain, BNB became a primary means of powering the network as transaction fees, including trading fees on Binance DEX;
  • BNB is used as a digital currency, as it's a popular way to pay for the goods and services in the Binance partner network;
  • Another use case for Binance coin is unlocking the exclusive access to some IEOs made on Binance platform called Launchpad;
  • BNB token also powers Binance Smart Chain, which is a smart contract compatible chain.

Binance Coin is a deflationary currency, meaning that its supply is steadily shrinking, increasing the coin’s scarcity and therefore value. To achieve this, Binance buys back some of the circulating supply of BNB every quarter and burns it.

A Simple Way To Exchange Binance Coin Here At SwapSpace

Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Exchanging Binance Coin: SwapSpace’s Video Tutorial

Frequently Asked Questions

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Popular Exchange Pairs With Binance Coin

Those cryptocurrencies are most frequently traded with Binance Coin at SwapSpace. Join our other customers in the “Exchange Pairs” section!
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