Binance Coin current price is $565.03 with a marketcap of $95.08 B. Its price is -5.63% down in last 24 hours.
- Binance Coin (BNB)
- Live Price $565.03
24h % -5.63%
- Market Cap$95.08 B
- Volume$2.50 B
- Available Supply168.14 M BNB
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¿What is Binancecoin?
Binance is a trading platform entirely for crypto-currencies. Here, the word ‘Binance’ is the combination of binary and finance. Binance Coin is the crypto-currency of the Binance platform. It’s one of the top and biggest crypto-currency exchanges in the world.
Binance has its own crypto currency known as BNB. It’s basically an optional method for paying the fees of exchanges such as fees for buying and selling; trading fees, withdrawal fees and listing fees. Binance is a mixture of paired and back.
Binance provides its users a big discount or a rebate when fees are paid in BNB rather than in BTC. Users can also invest in particular ICOs on Binance using BNB tokens for Binance Launch-pad. They will find these ICOs listed on Binance exchange past ICO.
Users cannot trade crypto currencies against Fiat. They can trade only these crypto currencies against crypto currencies. The Binance platform has earned a massive success within a very short time. Its head-quarter is in China and their teams are distributed to the world.
- Binance uses an architecture based on multi-cluster and multi-tier system.
- Binance supports android, web browsers, WeChat, HTML5 and other platforms.
- Binance can process 1.4 million orders per second.
- Binance supports multi-languge like English, Chinese, Korean, and Japanese.
- Binance offers strong liquidity.
- Binance allows trades in a variety of coins- BNB, ETH, BTC, and LTC.
Technology Behind Binance Coin
Binance runs on its own blockchain technology. It’s a platform of Binance decentralized blockchain. Their tailored blockchain provides a great platform for individuals to trade and transfer blockchain assets flawlessly. Their blockchain technology allows high performance of trading and a huge number of transactions in a very short time.
Binancecoin Markets / Exchanges