| Attribute | Value |
|---|---|
| Ticker | BNB |
| Website | https://www.binance.com/ |
| Consensus | Add |
| Algorithm | Add |
| Price | 574.30462 |
| Trading Volume | 5687334284.28740 |
| Market Dominance | 4.2771 |
| Market Capitalization | 88117222710.48 |
| Total Supply | 169,432,897 |
| Max Supply | 170,532,785 |
BNB was launched through an initial coin offering in 2017 11 days before the Binance cryptocurrency exchange went online. It was originally issued as an ERC-20 token running on the Ethereum network with a total supply capped at 200 million coins and 100 million BNBs offered in the ICO. However the ERC-20 BNB coins were swapped with BEP2 BNB on a 1:1 ratio in April 2019 with the launch of the Binance Chain mainnet and are now no longer hosted on Ethereum. BNB can be used as a payment method a utility token to pay for fees on the Binance exchange and for participation in token sales on the Binance launchpad. BNB also powers the Binance DEX (decentralized exchange).