#BNB_Market_Update
*BNB - Binance Coin*
BNB is the native token of Binance exchange and BNB Chain. Launched in *July 2017 by Changpeng Zhao (CZ)*. First BNB was ERC-20, now it is main coin of BNB Smart Chain. BNB has real utility.
BNB is used for trading fee discount, gas fee on BSC, staking, launchpad and payments. Supply is deflationary, Binance burns BNB every quarter. Max supply *200 Million BNB*, Circulating ~ *147M BNB*. ATH was *$793 in Dec 2024*. Now price ~ *$650*, Market Cap $96B, Rank #5.
*Binance Listing:* BNB was listed on Binance on day one *July 2017* with BNB/BTC and BNB/ETH. It is the most traded coin on Binance after BTC and ETH.
*BNB - Binance Coin*
BNB is the native token of Binance exchange and BNB Chain. Launched in *July 2017 by Changpeng Zhao (CZ)*. First BNB was ERC-20, now it is main coin of BNB Smart Chain. BNB has real utility.
BNB is used for trading fee discount, gas fee on BSC, staking, launchpad and payments. Supply is deflationary, Binance burns BNB every quarter. Max supply *200 Million BNB*, Circulating ~ *147M BNB*. ATH was *$793 in Dec 2024*. Now price ~ *$650*, Market Cap $96B, Rank #5.
*Binance Listing:* BNB was listed on Binance on day one *July 2017* with BNB/BTC and BNB/ETH. It is the most traded coin on Binance after BTC and ETH.
