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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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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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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Bitcoin is the first cryptocurrency created in 2009 by a person or group of people under the name of Satoshi Nakamoto. Bitcoin was proposed as an alternative to the conventional banking system in the wake of the financial crisis of 2008. Unlike banks, the Bitcoin network is a decentralized anonymous peer-to-peer payment system designed to the way that it is almost impossible for a single entity to gain control over this network.
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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
2009
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| Country |
Country
International
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Country
International
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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
Not 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)
648.0436
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Current price (USD)
105479.1943
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| All-time high (USD) |
All-time high (USD)
39.5700
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All-time high (USD)
20089.0000
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| Price change (24h) |
Price change (24h)
0.23
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Price change (24h)
-0.23
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| Volume (24h) |
Volume (24h)
64448441.61121
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Volume (24h)
724171957.29981
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| Hashrate |
Hashrate
No data
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Hashrate
93000000000
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| Max Supply |
Max Supply
187536713.00000
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Max Supply
21000000.00000
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| Total supply |
Total supply
No data
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Total supply
No data
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| Circulating Supply |
Circulating Supply
140886420.31000
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Circulating Supply
19878000.00000
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| Transaction speed / Block time |
Transaction speed / Block time
20
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Transaction speed / Block time
7
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| Transaction fee |
Transaction fee
No data
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Transaction fee
1
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| Mining profitability |
Mining profitability
high
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Mining profitability
low
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| Algorithm |
Algorithm
No data
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Algorithm
SHA-256
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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
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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
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Total coins mined
18433468.00000
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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
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Block reward
6.250000000000
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| Block time |
Block time
No data
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Block time
600
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| User rating |
User rating
4.8 / 5
6 user review
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User rating
2 / 5
2 user review
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| Cryptogeek rating |
Cryptogeek rating
4.6 / 5
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Cryptogeek rating
4.2 / 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
- Anonymity;
- Small commissions;
- High translation speed;
- Blockchain technology;
- The new payment method officially legalized in a number of countries.
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| Disadvantages |
Disadvantages
Is heavily centralized
A major target for cyberattacks
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Disadvantages
- Attack 51%;
- Illegality in many countries;
- Unpredictable rate.
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Binance Coin (BNB) user rating is 4.8, based on 6 user reviews. Bitcoin (BTC) user rating is 2, based on 2 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
