Binance Coin Logo

Binance Coin

News

All the latest news about Binance Coin

See all news

Coinbase’s Asset Recovery Tool Expands to BNBChain and Polygon Blockchains

Coinbase now helps its users recover assets mistakenly sent to the BNB Smart Chain and Polygon networks after expanding its asset recovery tool’s functionality.

 Hassan Maishera

Radpie Integrates Chainlink CCIP To Unlock Secure Cross-Chain RDP Transfers

Chainlink announced via X on Tuesday that Radpie, a next-gen SubDAO of Magpie, has integrated Chainlink CCIP across the Arbitrum and BNB Chain mainnets.

 Hassan Maishera

Pancakeswap Burns Extra 8,908,216 CAKE Tokens this Week

The Pancakeswap team told its community via X on Tuesday that it has burned 8,908,216 CAKE tokens (worth $28 million) this week.

 Hassan Maishera

Trade

Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Binance Coin

See all exchanges

PrimeXBT

N/A
4.31 based on 2428 votes

Binance

N/A
4.09 based on 2360 votes

Phemex

N/A
4.03 based on 961 votes

Spend

Want to leave your cash at home? These cards support Binance Coin.

See all cards

Nexo Card

3.22 based on 339 votes

Embily Card

3.98 based on 127 votes

Hi.com Card

3.29 based on 21 votes

Shop

So you've made a little Binance Coin and now you want to spend it? These are the places to do it!

See all merchants

BC.Game

4.6 based on 5 votes

Cryptoholic Shop

4.4 based on 5 votes

VPS2DAY.com

4.36 based on 11 votes

Hodl

Find the wallet that suit your security, ease of use and anonymity needs for Binance Coin.

See all wallets

Trezor Wallet

4 based on 161 votes

YouHodler

3.8 based on 41 votes

Ledger Nano X

3.78 based on 45 votes

Review

Learn more about Binance Coin.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Binance Coin.

Binance is one of the most well-known cryptocurrency-to-cryptocurrency exchanges. As of today, the exchange does not support any Fiat currency trading pairs or deposits. Therefore, Binance has issued its own token coin, called the Binance Coin (BNB). BNB can be used to pay for fees on the platform, such as trading. During the ICO, 50% of the BNB tokens were distributed to the public. 40% was kept by the founding team, and 10% was given to its angel investors. Each quarter, Binance will use 20% of their profits to buy back and burn BNB, until 100MM BNB are burned out of its total supply of 200MM.

Zhao Changpeng is a co-founder of Binance and the company’s CEO. Having immigrated to Vancouver, BC in the late 1980s with his family, Changpeng grew up poor and had to work in fast food restaurants and gas stations to support the family. He went on to study computer science in McGill University and worked at the Tokyo Stock Exchange and Bloomberg.

In 2005, Changpeng moved back to China to start his own company making high-frequency trading software for traders. Changpeng heard about Bitcoin from a venture capital friend in 2013, and in 2014, sold his house in Shanghai to go all in on Bitcoin. Changpeng joined Blockchain.info and later became OKCoin’s CTO. After leaving OKCoin, Changpeng launched Binance. In 6 months, he led the company to become the world’s number 1 cryptocurrency exchange (in terms of volume).

Binance announced in 2018 that it will be launching its decentralized exchange called Dexathon. The BNB tokens will pay for gas fees and Proof-of-Stake consensus.