Dust Conversion - Users can convert non-tradeable amounts of various cryptocurrencies called dust in their Binance account into BNB.
Currency in USD.
Binance started with an Initial Coin Offering (ICO) and has since grown into one of the largest global cryptocurrency exchanges, both in terms of volume traded and market share by web traffic. The private keys are also owned by the user, but since the wallet is kept on an online device (eg. In addition to the initial use cases, BNB has added other cases both on and outside of the Binance platforms. These are used to calculate the final funding rate.Today, longs will pay 0.0100%, and shorts will receive 0.0100% at 8:00 PM UTC. BNB is needed to trade on the Binance DEX.
BNB hit an all time high of $686.31 on May 10, 2021 (about 1 year). Read beginner-friendly guides & articles.
In its whitepaper, Binance states that BNB was designed to be used to pay discounted fees on the Binance platform and also function as the native token powering the Binance Chain. To receive alerts, please allow web browser notification permission.
This website uses cookies to improve your experience and has an updated Privacy Policy. Founder and CEO of Shopiness, 12+ years in ecommerce and digital marketing. BNB price is down -2.8% in the last 24 hours. * Its noticed that ShopNEXT doesnt provide direct crypto payment. Binance Coin has seen massive growth in interest throughout the years. The more NEXTs you own, the more crypto rewards you can get for shopping both online and in-store. 
ShopNEXT is a Shop-To-Earn crypto onboarding platform promoted by Binance. This website uses cookies for functionality, analytics and advertising purposes as described in our.
Trading in cryptocurrency derivatives involves significant risks.
Several rounds of token burn events have appreciated BNB price and pushed it up as one of the top-10 cryptocurrencies by market capitalization.
Binance Coin (BNB) is supported by various hardware and software wallet providers.
Non-custodial software wallets (e.g.
For those who are looking for BNB futures trading, only FTX offers it at the moment.
A hack on the storage location can potentially cause users to lose their funds, much like what happened during the infamous 2014 Mt. Binance Coin (BNB) is an exchange-based token created and issued by the cryptocurrency exchange Binance. Ledger) are non-custodial wallets which keep private keys of a wallet offline and only the owner knows it. In 2019, Binance updated its whitepaper to v1.2.
We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. There may be more ways to use BNB that have not been covered here, but generally BNB can be used like any other cryptocurrencies to pay for goods and services as long as the merchant accepts it. You will receive an email with instructions on how to reset your password in a few minutes. To learn more about Binance Coin, you may watch an AltcoinBuzz's interview with CZ, CEO of Binance Exchange,here, Password must contain at least 8 characters including 1 uppercase letter, 1 lowercase letter, 1 number, and 1 special character. No content on our Site is meant to be a solicitation or offer. In its v1.1 whitepaper (archived copy), Binance stated that 20% of Binances profits will be used to purchase BNB and subsequently destroyed in every quarter.
Well provide a quick rundown on them in this section.
NEXT is the heart of ShopNEXT ecosystem. 
The full list is available here. Initially created on the Ethereum blockchain as an ERC-20 token in July 2017, BNB was migrated over to Binance Chain in February 2019 and became the native coin of the Binance Chain. Subject to.
BitMEX is a P2P crypto-products trading platform. CTO of Shopiness, Engineering Manager at Be, NCT, 14+ years of relevant experience.
Heres an overview of BNB use cases: Reduced Trading Fees - When trading fees on Binance are paid using BNB, users are entitled to a 25% discount in fees.
If you are looking to buy or sell BNB, WOO Network is currently the most active exchange. The choice between hardware and software wallets is mostly a balancing act between convenience and security to the user. The 24 hour trading volume of BNB is $1,789,117,291. Each contract has a value equal to its price in Tether. Interested to stay up-to-date with cryptocurrencies? 0x9809e877192B510D767a94ba39a79429219a5afB. We combine ecommerce and blockchain that allow everyone to make money from shopping at ShopNEXTs partners. This is arguably the safest option for storage as the user has full ownership of the coins, but is likely the least convenient as it requires the user to operate additional hardware to spend/use the cryptocurrency. We're indexing our data. Check out the full list of wallets which supports BNB on Binances own updated list here.
Binance Account Tier - Users with account balances in BNB and 30 days accumulated trading volume above certain thresholds are given VIP tiers with additional fee discounts and perks. Since Binance began burning BNB in Oct 2017, 10 rounds of token burns have taken place, with about 16.7 million BNB worth approximately $208 million burned up till January 2020. The Binance exchange is separated into the Spot market, Futures market, as well as the decentralized exchange, Binance DEX. Thats how shop-to-earn works.
BNBUSDT is a BNB/USDT perpetual contract priced on the .BBNBT Index. IEO Lottery - Binances Initial Exchange Offerings (IEO) are conducted using lottery allocations determined using the amount of BNB held by users. The fair basis on this instrument is determined by an annualized calculation of the funding rate. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. Didn't receive confirmation instructions? Any transactions associated with this coin will also be removed.
BitMEX does not charge fees on funding payments. 2021, ShopNEXT LLC - All rights reserved. We introduce the first shop-to-earn model that boosts the shopping experience to the next level. Check out the full list of derivative products or derivative exchanges listed on CoinGecko. Generally, hardware wallets (e.g.
Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. Please consider whether using BitMEX is appropriate for you.
12-year experience in marketing and customer relations, 5+ years of crypto and stock trading. Access exclusive reports by CoinGecko analysts! BNB price today is $265.40 with a 24-hour trading volume of $1,789,117,291. Trust Wallet, Atomic Wallet) is the next option in terms of safety compared to hardware wallets, although they are likely more convenient. Through Shopiness, we already integrated the sales & marketing system with more than 600 brands.
Perpetual swap trading pairs are available across several platforms, including on Binances very own derivative exchange, Binance Futures with the BNBUSDT perpetual swap pair. In the updated whitepaper, it is stated that BNB burns will now be based on its exchanges trading volume. BNB had an all time low of $0.039817697188 on Oct 19, 2017 (almost 5 years). You should conduct your own research, review, analyse and verify our content before relying on them. Binance Coin (BNB) is designed with token burn in mind to induce scarcity and drive up the value of the token.
| Built by the same team behind Etherscan | Donate. More information about the funding rate is available in the Perpetuals Guide. For every shopping transaction, ShopNEXT rewards users cashback and NEXT token (the loyalty cryptocurrency issued by ShopNEXT), which can be sold on DEX and CEX exchanges to make money. When the price hits the target price, an alert will be sent to you via browser notification. Feel the joy of cashback and NEXT token rewards by shopping at 600+ brands. Gox hack which recorded a massive loss of 850,000 BTC, most of which are customer funds.
The next payout event is at 8:00 PM UTC.BNBUSDT uses a Premium Index to calculate funding rates.
The underlying interest rates are quoted in the .BNBBON8H Index and .USDTBON8H Index, and the premium rate is quoted in the .BNBUSDTPI8H Index. 0.0001 BNB (Currently 0.026523 USDT per contract), This contract is perpetual and does not settle. Binance is the cryptocurrency exchange founded by Changpeng Zhao and He Yi in July 2017. 0x4988a896b1227218e4A686fdE5EabdcAbd91571f, 0x4988a896b1227218e4a686fde5eabdcabd91571f, registered and logged in to your Aurora account, verified the contract's source code using our tool, been successfully verified as the contract address owner.
You will receive an email with instructions for how to confirm your email address in a few minutes. This startup is generating $4M GMV & 1M transactions every month for more than 600 brand partners.Binance Pay is a crypto e-wallet offering the contactless, secure and borderless cryptocurrency payment through QR code.BNB Chain is a standalone EVM-compatible blockchain with a full-fledged environment for developing high-performance decentralized applications. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Shopiness is the top cashback and loyalty platform in Vietnam with 700,000 users. US Persons are prohibited from accessing the services of the BitMEX trading platform. the phone), there is a higher risk of losing the funds as hackers can access devices which are connected to the internet.
We are working very hard to add more brands to the list. Yes, if you are looking to enter a long or short BNB position, both perpetual swaps and futures are available for BNB. It has a circulating supply of 160 Million BNB coins and a total supply of 163 Million. .BXBTEUR30M (30-minutes XBT/EUR BitMEX Index TWAP), .BXBTT30M (30-minutes XBT/USDT BitMEX Index TWAP), .XBTBON8H (8-hours XBT Lending Rate TWAP), .ADABON8H (8-hours ADA Lending Rate TWAP), .BADAT30M (30-minutes ADA/USDT BitMEX Index TWAP), .BADAXBT30M (30-minutes ADA/XBT BitMEX Index TWAP), .APEBON8H (8-hours APE Lending Rate TWAP), .AVAXBON8H (8-hours AVAX Lending Rate TWAP), .AVAXUSDTPI8H (8-hours AVAX Premium TWAP), .AXSBON8H (8-hours AXS Lending Rate TWAP), .BAXST30M (30-minutes AXS/USDT BitMEX Index TWAP), .ALTMEXBON8H (8-hours ALTMEX Lending Rate TWAP), .ALTMEXTBON8H (8-hours ALTMEXT Lending Rate TWAP), .ALTMEXTUSDTPI8H (8-hours ALTMEXT Premium TWAP), .ALTMEXUSDPI8H (8-hours ALTMEX Premium TWAP), .BALTMEX30M (30-minutes BitMEX ALTMEX Basket TWAP), .BDEFIMEX30M (30-minutes BitMEX DEFIMEX Basket TWAP), .DEFIMEXBON8H (8-hours DEFIMEX Lending Rate TWAP), .DEFIMEXTBON8H (8-hours DEFIMEXT Lending Rate TWAP), .DEFIMEXTUSDTPI8H (8-hours DEFIMEXT Premium TWAP), .DEFIMEXUSDPI8H (8-hours DEFIMEX Premium TWAP), .METAMEXTBON8H (8-hours METAMEXT Lending Rate TWAP), .METAMEXTUSDTPI8H (8-hours METAMEXT Premium TWAP), .BBCHXBT30M (30-minutes BCH/XBT BitMEX Index TWAP), .BCHBON8H (8-hours BCH Lending Rate TWAP), .BBNBT30M (30-minutes BNB/USDT BitMEX Index TWAP), .BNBBON8H (8-hours BNB Lending Rate TWAP), .BDOGET30M (30-minutes DOGE/USDT BitMEX Index TWAP), .DOGEBON8H (8-hours DOGE Lending Rate TWAP), .DOGEUSDTPI8H (8-hours DOGE Premium TWAP), .BDOTT30M (30-minutes DOT/USDT BitMEX Index TWAP), .DOTBON8H (8-hours DOT Lending Rate TWAP), .BEOST30M (30-minutes EOS/USDT BitMEX Index TWAP), .BEOSXBT30M (30-minutes EOS/XBT BitMEX Index TWAP), .EOSBON8H (8-hours EOS Lending Rate TWAP), .BETH30M (30-minutes ETH/USD BitMEX Index TWAP), .BETHT30M (30-minutes ETH/USDT BitMEX Index TWAP), .BETHXBT30M (30-minutes ETH/XBT BitMEX Index TWAP), .ETHBON8H (8-hours ETH Lending Rate TWAP), .ETHUSD_ETHPI8H (8-hours ETH Premium TWAP), .EURBON8H (8-hours EUR Lending Rate TWAP), .FTMBON8H (8-hours FTM Lending Rate TWAP), .GALBON8H (8-hours GAL Lending Rate TWAP), .GMTBON8H (8-hours GMT Lending Rate TWAP), .BLINKT30M (30-minutes LINK/USDT BitMEX Index TWAP), .LINKBON8H (8-hours LINK Lending Rate TWAP), .LINKUSDTPI8H (8-hours LINK Premium TWAP), .BLTCXBT30M (30-minutes LTC/XBT BitMEX Index TWAP), .LTCBON8H (8-hours LTC Lending Rate TWAP), .BLUNA30M (30-minutes LUNA/USD BitMEX Index TWAP), .BLUNAT30M (30-minutes LUNA/USDT BitMEX Index TWAP), .LUNABON8H (8-hours LUNA Lending Rate TWAP), .LUNAUSDTPI8H (8-hours LUNA Premium TWAP), .MANABON8H (8-hours MANA Lending Rate TWAP), .MANAUSDTPI8H (8-hours MANA Premium TWAP), .BMATICT30M (30-minutes MATIC/USDT BitMEX Index TWAP), .MATICBON8H (8-hours MATIC Lending Rate TWAP), .MATICUSDTPI8H (8-hours MATIC Premium TWAP), .NEARBON8H (8-hours NEAR Lending Rate TWAP), .NEARUSDTPI8H (8-hours NEAR Premium TWAP), .SANDBON8H (8-hours SAND Lending Rate TWAP), .SANDUSDTPI8H (8-hours SAND Premium TWAP), .BSOLT30M (30-minutes SOL/USDT BitMEX Index TWAP), .SOLBON8H (8-hours SOL Lending Rate TWAP), .SHIBBON8H (8-hours SHIB Lending Rate TWAP), .SHIBUSDTPI8H (8-hours SHIB Premium TWAP), .BTRXT30M (30-minutes TRX/USDT BitMEX Index TWAP), .BTRXXBT30M (30-minutes TRX/XBT BitMEX Index TWAP), .TRXBON8H (8-hours TRX Lending Rate TWAP), .BXRPXBT30M (30-minutes XRP/XBT BitMEX Index TWAP), .XRPBON8H (8-hours XRP Lending Rate TWAP), .USDBON8H (8-hours USD Lending Rate TWAP), .USDTBON8H (8-hours USDT Lending Rate TWAP).
Binance Chain Native Token - Much like how Ether (ETH) is used to pay for fees on the Ethereum Blockchain, BNB is used to pay for fees on the Binance Chain. Popular trading pairs for BNB in the market includes BNB/USD, BNB/CAD, BNB/EUR, BNB/PHP, BNB/INR, and BNB/IDR. on a centralized exchange such as Binance) as users do not own the private keys to the funds. It is the first time that a token economy mechanism is designed to give people a chance to earn possibly even more than what they will spend.
View the BitMEX Perpetual Contracts Guide.
Spent as Cryptocurrency - In addition to being used on Binances platforms, BNB can also be spent for payments in various ways, such as paying for travels, credit card fees, gifts and more. Come back later!
You can trade BNB on WOO Network, Biconomy, and BingX.
To submit a token information's update request, please confirm beforehand that you have: Aurora 2022 (AURORA-A)
BNB can be traded in over 300 trading pairs across 120 exchanges tracked. Last updated 07:29PM UTC. Find the answers that you need in our Help Centre. Any use or reliance on our content is solely at your own risk and discretion.
BitMEX and the mobile apps issued under BMEX are wholly owned and operated by HDR Global Trading Limited, a Republic of Seychelles incorporated entity or its relevant authorised affiliates. NTU, Singapore MIT Alliance, 5+ years in crypto community development and investment. Lastly, arguably the most convenient yet risky storage method would be storing funds on custodial wallets (eg. Funding is paid and received every 8 hours. BNB was initially created as part of the Binance exchange through its ICO. All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (Site) is for your general information only, procured from third party sources.
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