Binance Coin (BNB) Price 2021: There are many cryptocurrencies in the market available for trading in various exchange sites. Traders and investors are seeking for the best crypto to invest on to get great returns later. For that, Binance Coin which is represented as BNB is one of the best top cryptos to invest on to get great returns in a very short time.
The current price of BNB at the time of writing this article is $523. BNB-USD is now the third-largest cryptocurrency in the world, behind Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD). Binance saw its popularity surge in the first quarter of the year due to the high GAS fees associated with Ethereum. In fact, Binance Smart Chain is now the “most used blockchain in terms of unique active wallets.”
Where to Buy Binance Coin (BNB)?
Binance Coin (BNB) can be bought and sold in many exchange sites such as Binance, VCC Exchange, FTX, HBTC, HitBTC, BiONE, Dcoin, Binance US, AlterDice, WhiteBIT, CoinBene, Coinsbit, Gate.io, CoinTiger, Kucoin, MXC, Dex Trade, BitMart, CoinEx, BitZ, Bilaxy, HotBit with the exchange of USDT, BTC, BUSD, USD, EUR, ETH, GBP, TRY, and so on.
How to Buy Binance Coin (BNB)?
In order to buy Binance Coin (BNB), you will need to first purchase another cryptocurrency, preferably Bitcoin, USDT or Ethereum. Fortunately, Binance Coin (BNB) is supported by some very popular crypto exchanges out there such as Binance, FTX, VCC Exchange and so on. Once we have set up an account with a Binance Coin (BNB) currency exchange and deposited some funds, you are ready to start trading.
In the exchange site such as Binance, first deposit few amount and buy Bitcoin or USDT for that. The following are the steps to buy Binance coin (BNB):
- Sign in your account in Binance.com
- Click on the spot Market
- Search for BNB/USDT, BNB/BTC
- Click on it and place the order for BNB when you find low price.
- Your Binance coin (BNB) will be now stored in exchange wallet.
Binance Coin (BNB) Price Prediction
Day by Day BInance Coin (BNB) is getting stronger and soon it will reach the all time high value. The value has reached $525 in April 2021 and it is sure that by end of 2021, the price of Binance Coin (BNB) will be around $1050. By the year 2025, the value of Binance Coin (BNB) might reach about $2000.
Is Binance Coin (BNB) a Good Investment?
Binance Coin price today is $523.64 with a 24-hour trading volume of $8,314,870,984. BNB price is down -0.4% in the last 24 hours. It has a circulating supply of 150 Million BNB coins and a max supply of 171 Million. Binance is the current most active market trading it. It has reached its all time high value in April 2021. It is sure that the value will reach as high by the end of the year. Hence it is a good investment now for traders and investors to gain more returns at the end.
About Binance Coin (BNB)
Binance Coin (BNB) is an exchange-based token created and issued by the cryptocurrency exchange Binance. 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.
BNB was initially created as part of the Binance exchange through its ICO. 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. Later it has found many advantages rather than reducing trading fees.