BNB Reaches Market Cap of $85.62 Billion (BNB)

BNB (BNB) traded down 1.7% against the U.S. dollar during the 24 hour period ending at 21:00 PM Eastern on May 7th. One BNB coin can now be bought for $580.16 or 0.00926322 BTC on major exchanges. In the last week, BNB has traded up 1.4% against the U.S. dollar. BNB has a total market capitalization of $85.62 billion and approximately $1.55 billion worth of BNB was traded on exchanges in the last 24 hours.

BNB Coin Profile

BNB (CRYPTO:BNB) is a BFT coin that uses the BEP-2 hashing algorithm. It launched on June 27th, 2017. BNB’s total supply is 147,587,211 coins. BNB’s official Twitter account is @bnbchain and its Facebook page is accessible here. The Reddit community for BNB is https://reddit.com/r/bnbchainofficial and the currency’s Github account can be viewed here. BNB’s official website is bnbchain.org/en.

According to CryptoCompare, “BNB (BNB) is a cryptocurrency . BNB has a current supply of 147,587,289.2079243. The last known price of BNB is 588.22758644 USD and is down -0.78 over the last 24 hours. It is currently trading on 2154 active market(s) with $1,566,137,373.80 traded over the last 24 hours. More information can be found at https://bnbchain.org/en.”

Buying and Selling BNB

It is usually not possible to buy alternative cryptocurrencies such as BNB directly using US dollars. Investors seeking to acquire BNB should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy BNB using one of the exchanges listed above.

BNB/USD price chart by TradingView