BNB
About BNB
BNB, originally known as Binance Coin, is a cryptocurrency developed by Binance. It started life as an ERC-20 token on the Ethereum blockchain but was migrated onto the Binance Chain in 2019. Today, BNB plays a prominent role in a variety of Binance's platform functions and has established itself as one of the foremost cryptocurrencies in the market.
In the last hour, BNB's price has seen a change of +0.44%, and over the past 24 hours, its price has moved by -0.06%. Over the previous week, BNB's price has moved by +1.81%. The current price of BNB is KWD 238.30, accompanied by a trading volume of 338.5M in the last day. BNB's price is currently 43.67% below its all-time high of KWD 423.01, which remains the highest price BNB has achieved since its launch. The circulating supply of BNB stands at 133.2M, translating to a total market capitalization of 31.73B.
Market stats
Frequently asked questions
What is the purpose of BNB coin?
BNB, the native cryptocurrency of the Binance platform, serves various purposes including trading fee discounts, participation in token sales on Binance Launchpad, making online payments, and many more. BNB has gained popularity due to the wide range of use cases within the Binance ecosystem.
How is BNB coin used on the Binance platform?
BNB coin can be used to pay for various fees on the Binance exchange such as trading fees, withdrawal fees, and listing fees. Additionally, users can use BNB to participate in token sales on Binance Launchpad, receiving certain benefits and allocations depending on their BNB holdings.
What makes BNB coin popular among cryptocurrency traders?
BNB's popularity among traders stems from its utility within the Binance ecosystem. Traders can enjoy discounts on trading fees by using BNB, reducing their overall trading costs. Furthermore, the consistent addition of new use cases for BNB has contributed to its widespread adoption and value appreciation.
What is a BNB wallet?
A BNB wallet is where you can securely store BNB. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a BNB address?
A BNB address is a string of unique characters that is tied to your BNB wallet. The address functions just like a bank account number and it is what you use in order to send BNB from your wallet, or to receive BNB to your wallet.
What are the most popular cryptocurrencies besides BNB?
Besides BNB, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What will the price of BNB be in next 5 years?
Price predictions for BNB over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading BNB taxable?
Trading BNB may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is BNB's ATH?
BNB’s all-time high (ATH) was KWD 423.01 on 13 Oct 2025. This represents the highest recorded market price of the asset to date.
When will BNB be available on Rain?
We’re always working to expand our listed assets. While we can not provide a specific listing date for BNB just yet, stay tuned for updates by following us on our official social channels like X.
What is the market cap of BNB?
With a market capitalization of 31.73B, BNB is ranked 4 among other crypto assets.
What is the all-time high of BNB?
The highest valuation of BNB since its launch was at KWD 423.01, marking its all-time high.
What is the 24-hour trading volume of BNB?
The trading activity of BNB over the last 24 hours was at 338.5M, highlighting its liquidity in the market.
How many BNB are there in circulation?
There are approximately 133.2M units of BNB currently in circulation, affecting its market dynamics.
What is the relative popularity of BNB?
BNB market cap is around 31.73B.
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