BNB BNB

Current BNB Price

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BNB Smart Chain
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About BNB

BNB is the native cryptocurrency of the BNB Chain ecosystem and is used to power transactions, smart contracts, and decentralized applications on the network.


Originally launched by Binance as a utility token for discounted trading fees, BNB has evolved into a core asset within a broader blockchain ecosystem that includes decentralized finance, NFTs, and Web3 services.


The token is widely used across the BNB Chain for transaction fees, staking, governance, and participation in decentralized applications and blockchain-based services.

Technology

Consensus mechanism

Proof of Staked Authority (PoSA)

Network

BNB Chain

Block time

~3 seconds

Whitepaper

Key features

Native token of the BNB Chain ecosystem
Proof of Staked Authority consensus model
Fast and low-cost blockchain transactions
Support for smart contracts and decentralized applications
Large ecosystem including DeFi, NFTs, and Web3 services

Use Cases

Paying transaction fees on BNB Chain
Participating in decentralized finance applications
Staking and network participation
Trading fee discounts on the Binance platform
NFT marketplaces and digital asset platforms
Governance and ecosystem participation

Buy BNB

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Instant buy
Guaranteed price 30s
Instant delivery

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