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BNB, formerly known Binance Coin was initially created on Ethereum Blockchain with ERC20 standards as a utility coin of Binance trading platform in 2017. Now BNB has its own blockchain called Binance Smart Chain. BNB is the fourth biggest market cap cryptocurrency and is widely used in many areas because of its low transaction fees and speed.
With a total market cap of over $53.5 billion, BNB is the No. 4 cryptocurrency by market size. The currency symbol for BNB is BNB and it was launched in July 2017. BNB is the token issued by the Binance platform. There will only ever be 200 million BNB tokens issued. So far 157 million tokens (78.9% of the total supply) have been issued.
We found savings accounts offering up to 120% APY on BNB deposits and loans as low as 4.5% APR against BNB used as collateral. Check out our BNB staking yields table and BNB loan rates table for further details.
The technical price analysis for BNB below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of BNB.
Based on a total of 149,528 reviews across the web for BNB we gave the cryptocurrency an overall rating of 94%.
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