Binance Coin (BNB)

Market Cap

$606,908,607 USD

Volume (24h)

$13,581,076 USD

5.0
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Binance Coin Markets Rank: 8/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Binance Coin Volume Ratio Rank: 2/100

  • Market Cap

    The total cost of all coins available.

    Binance Coin Market Cap Rank: 99/100

  • 24h Change

    Is the price moving up or down?

    Binance Coin 24h Change Rank: 50/100

  • Social Following

    How many users are following this coin?

    Binance Coin Social Following Rank: 99/100

  • Google Trends

    How many users are searching for the coin?

    Binance Coin Google Trends Rank: 43/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Binance Coin Twitter Citation Rank: 77/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Binance Coin User Voting Rank: 96/100

Binance Coin investment analysis

Binance investment in one of the fastest growing crypto trading exchange and has dramatically changed how digital assets are being traded in the crypto world.

The project is a cryptocurrency trade ecosystem with its own coin – BNB, which is used also within the ecosystem as an exchange commodity between some crypto assets that are listed on its platform, there are benefits for using the currency on the network to perform trades.

The project was created by Changpeng Zhao a former co-founder of OKCoin, a huge cryptocurrency exchange in China and he was also a frontier developer in the blockchain.info platform, quite the experience with decentralized projects and wallet technology which brings a lot of resourcefulness to the development of Binance alongside a host of other developers on his team.

How to buy?
current price
$4.64
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+262%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$16.79
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

20/1475
by Safety
1014/1475
by Profit
historical data

How to buy Binance Coin?

To buy BNB you would have to visit their website and register, then from there, you can buy using BTC, ETH or any of the other trade pairs. You could also buy from Bancor; other than these two, there are currently no other exchanges that list the BNB, which makes it quite challenging for some people to get even though the asset is quite popular, making it a rare coin to buy on other exchange platforms.

However, Binance has over 50 market trades on its platform, trading against so many cryptocurrencies, and also against BTC, ETH, and USDT as trade pairs. Its value is a bit centralized and limited to its trading environment.

If you consider the exchange online wallet as too dangerous, you can choose to simply add it to your MEW wallet. Other safer alternatives would be to consider storing it offline on a Ledger Nano S or Trezor hardware wallets.