Dynamic and history value of price BNB. Maximal value of price BNB was 27.07$ - 2020-02-13 01:00:05, Minimal price of BNB was 7.845$ value and fixed at 2020-03-13 02:00:06. Today price of BNB is : 11.8$
Binance Coin is a native digital currency issued by Binance, referred to as BNB, which is a decentralized blockchain digital asset based on the Binance chain. The total issued volume is constant 200 million. BNB will be destroyed every quarter according to the quarterly transaction volume of Binance platform. The destruction records will be announced immediately. Users can check through the blockchain browser to ensure openness and transparency until the destruction. Until the total amount is 100 million BNB coins. As a fuel of the Binance ecosystem and decentralized exchange, BNB has been applied to multiple scenarios. For example, if you use BNB to deduct the Binance transaction fee, you can get up to 50% discount. You can use BNB to pay in Monaco Visa and APP applications. You can use BNB to purchase virtual gifts on the Uplive broadcast platform. At present, BNB ranks firmly in the global TOP20, and the best ranking is the global TOP10, which is supported by blockchain enthusiasts in more than 180 countries and regions around the world. BNB value and destruction mechanism 1. Preferential deduction for transaction fees on Binance platform Users who participate in transactions on the Binance platform, regardless of the tokens being traded, when the transaction fees need to be paid, if they hold a full amount of BNB, the system will discount the fees to be paid (the specific discount rate is as follows) , And calculate the equivalent BNB quantity according to the current market value, and use BNB to complete the payment of the handling fee. First year: 50% Second year: 25% Third year: 12.5% Fourth year: 6.75% After the fifth year: no discount 2. Destruction mechanism: After the Binance platform is launched, we will destroy BNB every quarter based on the quarterly transaction volume of the Binance platform. The destruction records will be announced as soon as possible. Users can query through the blockchain browser to ensure transparency Destroyed to a total of 100 million BNB coins. 3. Decentralized transaction “fuel” On April 23, 2019, Binance completed the mainnet switchover of Binance Coin (BNB). In the future, BNB will also be the fuel for Binance’s decentralized on-chain trading platform. When using Binance Decentralized Trading Platform, BNB is required.