Keep Bnb hold
The current price of Binance Coin (BNB) varies slightly depending on the source, but as of Monday, September 9, 2024, it ranges from $494.12 to $518.51 per BNB, with a 24-hour trading volume of around $1.4 billion. [2]
Here are some key statistics about Binance Coin:
Binance Coin Overview
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, launched in July 2017. It was initially an ERC-20 token on the Ethereum blockchain but later migrated to the Binance Smart Chain (BSC) in 2019. [2]
Binance Coin Price History
The price of Binance Coin has fluctuated over time, with a significant increase in late 2021. As of September 8, 2024, the price of BNB is around $503.00 USD. [4]
Binance Coin Use Cases
Binance Coin has several use cases, including:
Reduced trading fees on the Binance exchange
Affiliate rewards
Lottery ticket system ('Launchpad') for investing in new crypto projects
Decentralized Finance (DeFi) and GameFi applications on the Binance Smart Chain (BSC)
