Binance Coin (BNB) exchanges comparison: buy, sell, swap
Binance Coin (BNB) key market data:
- type: Cryptocurrency
- consensus: "Parlia", enhanced variation of PoS
- Smart Contracts
- market cap: $82,126,658,704
- market rank: #4
- supply total: 153,856,150
- supply available: 153,856,150
- not mineable
- BNB/USD: $535.94
Binance Coin is a Cryptocurrency, the network powered by PoS+ enhanced (consensus mechanism based on original technology) algorithm. The original software was first released July 14th, 2017. Nowadays the cryptocurrency is managed by the Binance, an organization based in the MT. Smart Contracts are supported by the Binance Coin blockchain. Binance Coin is issued by the cryptocurrency exchange platform. The official Binance Coin website is https://info.binance.com.
As of today, April 16th, 2024, out of totally available 153,856,150 BNB, 153,856,150 are in circulation. It's not possible to mine binance coins. The total market capitalization of binance coin is $82,126,658,704, the rank among other cryptocurrencies (based on the capitalization) is #4. The current rate of 1 BNB is $535.94 USD.
Binance Coin started as ER-20 token (issued on the Ethereum blockchain) during an Initial Coin Offering (ICO) crowdfunding event held by the Binance, which took place between the 26th of June to the 3rd of July, 2017. Totally 100,000,000 tokens (50% of the maximal supply) were sold during the crowdsale. April 23rd, 2019 the Binance Chain mainnet was launched, transferring BNB into a cryptocurrency.
Binance Chain uses its own consensus mechanism called BFT (PoS should be also introduced) to produce blocks using qualified nodes, called Validators. The scheme is similar to the PoS and DPoS mechanisms used by many popular blockchain platforms. According to the plans, introduced in the Whitepaper, the exchange plans to use 20% of the quarterly profit to buy back BNB and burn (destroy) it, until 50% of the max supply (i.e. 100 out of 200 million) will be burned.
The coin has several use cases. Most notably, it's used as the utility token in the Binance Exchange Ecosystem, allowing the users to receive up to 50% discounts when paying trading fees with BNB (although the discount will be reduced yearly until 2021 when it will become 0%). It's also used to buy tokens offered on the Binance Launchpad (so-called Initial Exchange Offering scheme of crowdfunding, similar to the ICO) and to power the Binance Decentralized Exchange (DEX).
Top Binance Coin exchanges
Binance Coin is currently supported by 40% of exchanges (4 of 10) currently having active orders at ExchangeRates.Pro: 2 Exchange Brokers, 2 Trading Platforms have offers, allowing you to buy and sell BNB. Let's check and compare which of these exchanges will suit you the best, dear visitor!
Our choice: the best exchange for Binance Coin in United States
There are some worthy and undoubtedly good, trusted exchanges among the ones with BNB support. One of them, CEX trading platform, is really special! Our visitors and the ranking algorithms came to this conclusion while comparing and reviewing the websites and apps exchanging Binance Coin. The service is extraordinarily fine, very few of the rest 332 exchanges and 15 trading platform sites we compare could receive such kind words in the testimonials and so impressive numbers in the results. It's so good that we feel obliged to share our experience with you, dear guest! Let's mention the key fact and describe the most important features making CEX an ideal trading platform for buying, selling and exchanging BNB in United States:
CEX is a Trading Platform; CEX.IO LTD (dba CEX) had started the project back in July 2014. The company is incorporated in the United Kingdom and headquartered in London. The official street address of CEX is 24th Floor One Canada Square, Canary Wharf London E14 5AB. The operational entity is a registered, regulated and licensed financial company. License granted by the FinCEN, the Firm is holding the Money Transmission license. FINCEN registration number 31000176194955. This is a highly trusted, undoubtedly a reputable, a long-standing, settled service. Trading Platform works with 33 cryptocurrencies and tokens: AAVE, ADA, BCHABC, BNB, BTC, DAI, DASH, DOGE, DOT, EOS, ETH, FIL, ICP, KSM, LINK, LTC, MATIC, NEO, OMG, SOL, SUSHI, THETA, TON, TRX, TUSD, UNI, USDC, USDT, VET, WBTC, XLM, XRP, ZRX.
The customers are welcome to buy and sell coins and tokens with 3 national aka fiat currencies: EUR, GBP, USD. Totally 8 payment systems and banks are at your's disposal. Besides, we can swap the cryptos and tokens, converting one into another. Apart from the currencies conversion operations, cex.io is offering some other services, that could be interesting for crypto-users, like Lending, Margin Trading, Faucets (small amounts of cryptos for free), Staking, MasterNodes, etc. (passive income opportunity). Impressive, right? The features that our users enjoy the most out of this wonderful platform:
- It is an officially registered Money Service Business. The firm applied for and received all the required licenses, it's watched over by the regulators and is fully compliant with the laws
- The website has being online and operational for years; it started up 9 years and 9 months ago
- The platform allows deposits/withdrawals in 33 cryptocurrencies and 3 national ones. In total, you may choose from 8 online banks and payment systems. Crypto- and tokens- exchanging aside, some other services are rendered: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and Staking, MasterNodes, etc. (passive income opportunity)
- The service fees are really low: 0% fee applies to all the ways to pay or to be paid! the charges for smaller amount operations are also very reasonable
- The limitations CEX sets for buy and sell operations are high indeed, one of the highest available on the market: $20.00 up to $10,000 USD. The exact figure is a subject to the payment system choice; how do you like to pay or getting paid
- The reviews from the users are very, very favorable and full of love, 100%, 27 out of 27 are very happy and pleased with their experience at CEX. As per the details we got from the real clients:
- The quality of customer support is upstanding
- The deposits and withdrawal orders are processed fast
- The KYC process is always super-fast
CEX currently provides 6 ways of purchase and sale Binance Coins in United States with the national currencies and the most exciting news are that the payments in US Dollars are possible:
- Any Local Bank, the local bank in US. Will work absolutely for any domestic bank of United States!
- Skrill, a payment system of e-wallet type.
- Visa & Mastercard, a payment system of credit/debit cards type.
- Advanced Cash, a way to pay locally or internationally.
- Epay, a way to pay locally or internationally.
- SWIFT Transfer, a payment system of international bank transfers type.
Sweet! Buying and selling with fiat aside, there are 8 cryptocoins and tokens exchangeable with BNB: BCHABC, DASH, ETH, LTC, USDT, WBTC, XLM, XRP can be converted to Binance Coin and vice versa any time you please.
People love this Trading Platform; our ranking algorithms also came up with a high score. Hence we award CEX with a special status: the best Trading Platform worldwide! A magnificent outcome and it's fairly earned; it says a lot bearing in mind that we rate and compare 333 exchange websites and apps! The outline is that cex.io is truly remarkable service with reference to safety, reliability, reputation, etc., all over... We are confident, you won't have any regrets choosing this one!
Time to make a conclusion. Our platform of choice to exchange Binance Coin is
CEX, an absolutely secure, highly trusted trading platform, rated 100/100. Such scoring result is a great achievement indeed, only a few competing websites could get such a big rating! Let's break down why the cex.io exchange managed to get such rating and what does this mean:Top BNB exchanges to buy/sell in United States
Although all the exchanges supported by ExchangeRates.Pro are well-known, reliable, and trustworthy (all were thoroughly checked by our staff before listing), we've selected the best of the best for you. Exchanges that were top-rated by various sources, some are providing really outstanding service you'd love and remember. We (staff and the software) selected some of the most trusted platforms for our comparison and this top list, based on customers' feedback, time in the business, reputation, our own and independent reviews and other factors. Please note that we include only the "buy and sell" exchanges here, where you can swap bnb with fiat (national) currencies. Here are the top exchanges to buy and sell binance coins in United States:
-
CEX
a
Trading Platform
established July, 2014.
Transparent and legally compliant business with all the required business licenses and permissions.
Clients are required to pass through the verification process to use the service.
Great news! CEX supports your local currency
US Dollar;
feel free to use any of these 6 banks and payment systems to
buy and sell Binance Coin domestically:
- Any Local Bank (local banks). Can use for the purchasing and withdrawals likewise. The method of payment works for absolutely any domestic bank in United States!
- Skrill (e-wallet). Can use for the purchasing and withdrawals likewise.
- Visa & Mastercard (credit/debit cards). Can use for the purchasing and withdrawals likewise.
- Advanced Cash. Can use for the purchasing and withdrawals likewise.
- Epay. Can use for the purchasing and withdrawals likewise.
- SWIFT Transfer (international bank transfers). Can use for the purchasing and withdrawals likewise.
Where to buy BNB
Are you looking for the best place to buy binance coins? Of course, you are! Our price comparison of exchanges is here to help, although the easiest way is to check the best offers right away @ ExchangeRates.Pro, feel free to compare yourself. Let us show you what banks and payment systems you can use to buy and sell BNB, based on your location and preferences.
Where can you buy BNB in United States
At this moment, there are 3 offers to buy Binance Coin in United States. Our software is collecting the statistics about the popularity of specific local banks and payment systems. Usually, the top ones that are the most popular are also very convenient. Otherwise, why would these become so popular? You can choose any of these right away, please be our guest:
- Any Local Bank in USD: payments by Local Banks. This one is a universal offer, that will work for any bank. Offered 1 times
- Visa & Mastercard in USD, although can be used in any currency: payments by Credit/Debit Cards. A global payment system, available worldwide. Offered 1 times
- Skrill in USD: payments by e-wallet. A global payment system, available worldwide. Offered 1 times
Easiest, safest, fastest ways to buy bnb worldwide
We've compared a lot of offers to find the top ones; right now we have 3 ways for you to purchase binance coin available worldwide. Enough to choose from, right? Please keep in mind that not all of these may be possible to pay with US Dollar, the ones that will surely be good for the domestic currency are a little bit above. The top popular ways to purchase BNB crypto:
- SWIFT Transfer in USD Actually it's a multi-currency option, you are supposed to pay by the International Bank Transfers. This way to send fiat money will work worldwide. United States, Mexico, Canada, Cuba, etc. are covered. Suggested in 1 offers
- Advanced Cash in USD an international payment system. This way to send fiat money will work worldwide. United States, Mexico, Canada, Cuba, etc. are covered. Suggested in 1 offers
- Epay in USD an international payment system. This way to send fiat money will work worldwide. United States, Mexico, Canada, Cuba, etc. are covered. Suggested in 1 offers
Where to sell BNB
Even the greatest BNB HODL GANG members sometimes have to sell some of their precious coins. It's alright, everyone does it sometimes and we are here to help! We know you want to find the buyer which will give you the highest price, there are such ones at our platform — check ExchangeRates.Pro now to find the highest rate to sell binance coins to US Dollar and 152 more local currencies! There are various opportunities to swap your coins to hard cash, we list the most requested ones below.
Where can you sell BNB in United States
There are currently 7 opportunities to cash out your binance coin coins in US. You'd likely need to out-exchange the crypto to pay for some local expenses, shopping, etc. It's reasonable to choose the safest and most comfortable option — a local bank you are using, your preferred payment system or cash in your city. Here is our top list of the ways other people in United States prefer to exchange binance coin to fiat:
- Wells Fargo in USD: you will receive money using the Local Banks. Proposed by 2 buyers
- Any Local Bank in USD: you will receive money using the Local Banks. Please be aware that this will work for any local bank account! Proposed by 1 buyers
- Wells Fargo SurePay in USD: you will receive money using the Local Banks. Proposed by 1 buyers
- Bank of America in USD: you will receive money using the Local Banks. Proposed by 1 buyers
- Visa & Mastercard in USD, works with several currencies: you will receive money using the Credit/Debit Cards. Can also send money to any other location. Be careful with such payments at the P2P marketplaces! This type of transfer can be reversed! Proposed by 1 buyers
- Skrill in USD: you will receive money using the e-wallet. Can also send money to any other location. Proposed by 1 buyers
Easiest, safest, fastest ways to sell BNB worldwide
Sometimes you may need to transfer the money to another country. If you are holding BNB, it makes sense to exchange some of these coins to the currency of that country. We can't know where exactly you would like to send the funds, so we will show you the most requested banks and payment systems worldwide you can send the transfer to. There are totally 4 options to out-exchange the bnb to fiat; the most frequently used banks, money transfer operators and global payment systems are:
- SWIFT Transfer in USD, can be also used with any of other currencies; to any country in the world including United States, Mexico, Cuba, Canada: the funds will be sent by the International Bank Transfers. You can transfer money wherever you need! Suggested in 1 deals
- Uphold in USD to any country in the world including United States, Mexico, Canada, Cuba: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
- Advanced Cash in USD to any country in the world including United States, Canada, Cuba, Mexico: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
- Epay in USD to any country in the world including United States, Canada, Cuba, Mexico: a global payment method. You can transfer money wherever you need! Suggested in 1 deals
Where to swap BNB
Did you know that it's possible to exchange BNB to 48 other cryptocurrencies? It's possible to convert Binance Coin to/from 96% of crypto coins supported @ ExchangeRates.Pro. Some of these are really great ones (we don't list useless coins and tokens at our website), that's why we've prepared a list of exchange opportunities available. There are totally 128 swap possibilities with BNB and other coins and tokens. Coin to coin exchanges are safe, easy and beneficial when you are using our service, don't worry! Feel free to get all the best rates to swap BNB with other cryptos @ ExchangeRates.Pro right away or refer to the list of most highly demanded exchange directions first:
- Litecoin (LTC): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BNB to LTC and 2 that are converting in opposite direction.
- Solana (SOL): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BNB to SOL and 2 that are converting in opposite direction.
- TrueUSD (TUSD): that's a popular Stablecoin. There are 4 proposals (2 allow to convert from BNB to TUSD and 2 that are converting in opposite direction.
- Chainlink (LINK): that's a popular Token. There are 4 proposals (2 allow to convert from BNB to LINK and 2 that are converting in opposite direction.
- MakerDAO (DAI): that's a popular Stablecoin. There are 4 proposals (2 allow to convert from BNB to DAI and 2 that are converting in opposite direction.
- Tether (USDT): that's a popular Stablecoin. There are 4 proposals (2 allow to convert from BNB to USDT and 2 that are converting in opposite direction.
- Ether (ETH): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BNB to ETH and 2 that are converting in opposite direction.
- VeChain (VET): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BNB to VET and 2 that are converting in opposite direction.
- Aave (AAVE): that's a popular Token. There are 4 proposals (2 allow to convert from AAVE to BNB and 2 that are converting in opposite direction.
- Ether Classic (ETC): that's a popular Cryptocurrency. There are 4 proposals (2 allow to convert from BNB to ETC and 2 that are converting in opposite direction.
