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Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges.
Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
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| About |
Binance Coin is a digital asset issued in 2017 by Binance, which is one of the largest cryptocurrency exchanges. Binance Coin (BNB) is an ERC20 token based on the Ethereum blockchain. The asset is available on most of the big centralized exchanges.
Binance Coin gets strong support both on Binance and Binance DEX. Binance users get discounts for trades with pairs that include BNB, while on Binance DEX most of the trading pairs include BNB. Due to the strong popularity of the brand, the native Binance asset has quickly became a major success and one of the top 10 cryptocurrencies by market capitalization. It survived harsh 2018 without any notable troubles.
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Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest.
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| Type |
Type
coin
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Type
coin
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| Founding Date |
Founding Date
2017
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Founding Date
2015
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| Country |
Country
International
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Country
Canada
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| Languages |
Languages
No data
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Languages
No data
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| Team |
Team
Public
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Team
Public
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| Protocol |
Protocol
Public blockchain
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Protocol
Public blockchain
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| Current price (USD) |
Current price (USD)
598.0502
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Current price (USD)
3252.4086
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| All-time high (USD) |
All-time high (USD)
39.5700
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All-time high (USD)
1432.8800
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| Price change (24h) |
Price change (24h)
1.89
|
Price change (24h)
5.16
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| Volume (24h) |
Volume (24h)
158704177.58194
|
Volume (24h)
570389704.04142
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| Hashrate |
Hashrate
No data
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Hashrate
190120
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| Max Supply |
Max Supply
187536713.00000
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Max Supply
No data
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| Total supply |
Total supply
No data
|
Total supply
No data
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| Circulating Supply |
Circulating Supply
147566445.64458
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Circulating Supply
122051279.33162
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| Transaction speed / Block time |
Transaction speed / Block time
20
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Transaction speed / Block time
15
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| Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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| Mining profitability |
Mining profitability
high
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Mining profitability
high
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| Algorithm |
Algorithm
No data
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Algorithm
Ethash
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| Proof type |
Proof type
No data
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Proof type
PoW
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| Fully premined |
Fully premined
No data
|
Fully premined
No data
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| Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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| Total coins mined |
Total coins mined
155536713.00000
|
Total coins mined
111766505.06150
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| Is trading |
Is trading
yes
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Is trading
yes
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| Block reward |
Block reward
0.000000000000
|
Block reward
2.000000000000
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| Block time |
Block time
No data
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Block time
15
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| User rating |
User rating
4.8 / 5
6 user review
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User rating
5.0 / 5
3 user review
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| Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4.6 / 5
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| Advantages |
Advantages
Uses a unique Burndown Policy
Acts as a discount coupon
Offers fast transactions and low fees
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Advantages
Well-known Founder
An expanding developer community
More than a cryptocurrency
Continues to attract more businesses
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| Disadvantages |
Disadvantages
Is heavily centralized
A major target for cyberattacks
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Disadvantages
Struggles with scaling
Uses a complicated programming language
High transaction fees
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Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Ethereum (ETH) user rating is 5.0, based on 3 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
