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About BNB



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Launch date

Binance Coin


July 2017


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BNB market info

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Find below the answers to the most common questions about BNB Chain and the BNB coin. When available, we give you links to in-depth articles for further reading.

The Binance Coin (BNB) is the utility token of Binance, providing various benefits when using their platform. It is also the native cryptocurrency of their blockchain BNB Chain, which is used to pay transaction fees on the network.

Right now, 1 BNB is worth $.

Right now, 1 US dollar is equal to BNB.

The BNB Smart Chain (BSC) is an Ethereum-compatible blockchain launched in 2020 by Binance to kickstart its own ecosystem of decentralized finance (DeFi) apps. Originally called Binance Smart Chain, it was renamed in 2022 when it was merged with Binance Chain, Binance's previous attempt to launch a decentralized network that failed due a lack of scalability and compatibility with the Ethereum ecosystem.

Founded in China in July 2017 by Changpeng Zhao (CZ), Binance is today the largest centralized crypto trading platform in the world.

BEP-20 is the token standard on BNB Chain, which is based on Ethereum's ERC-20 standard.

BEP-20 is the token standard on BNB Chain, while BEP2 is the token standard on Binance Chain.

Binance Chain is the original blockchain developed by Binance. BNB Chain was later developed as an answer to Binance Chain's lack of compatibility with Ethereum, allowing this way to easily bring apps and funds from the Ethereum ecosystem.

The price of BNB refers to a global price that is calculated by making a volume-weighted average of its real-time price on many different exchange platforms where it is traded, such as Binance, Bybit, OKX, Coinbase, Kraken, etc.

You never store BNB in itself. Instead, you store the private key giving you access and control over a BNB address. That key is stored in a wallet, which provides an interface to use it. To learn more, read our in-depth guide on storing crypto assets.

To send BNB, you use a BNB Chain wallet like Bridge Wallet where you will choose the amount to send and the destination address. Confirm and send, that's it!

You can buy BNB here by bank transfer or by card on any self-custodial BNB wallet. For more information, have a look at our step-by-step tutorial on how to buy BNB.

You can swap BNB on Mt Pelerin against one of the cryptocurrencies that we support, using any self-custodial BNB wallet. For more information, have a look at our step-by-step tutorial on how to swap BNB.

You can cash out BNB here easily with Mt Pelerin and withdraw funds on your bank account in one of the 12 fiat currencies that we support. For more information, have a look at our step-by-step tutorial on how to sell BNB.

BNB-USD conversion table

BNB iconBNBUSD iconUS Dollar
1 BNB=
0.5 BNB=
0.1 BNB=
0.05 BNB=
0.01 BNB=
0.005 BNB=
0.001 BNB=
0.0005 BNB=
0.0001 BNB=
0.00005 BNB=
0.00001 BNB=
USD iconUS DollarBNB iconBNB
$1 USD=
$5 USD=
$10 USD=
$15 USD=
$25 USD=
$50 USD=
$100 USD=
$1,000 USD=
$10,000 USD=
$100,000 USD=
$1,000,000 USD=

BNB price in other currencies

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BNB en cryptomonnaie

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