BNB Price Reaches $595.46 on Major Exchanges (BNB)

BNB (BNB) traded up 1.4% against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on May 9th. During the last seven days, BNB has traded 5.6% higher against the U.S. dollar. One BNB coin can now be bought for about $595.46 or 0.00948229 BTC on major cryptocurrency exchanges. BNB has a market capitalization of $87.88 billion and $1.86 billion worth of BNB was traded on exchanges in the last day.

About BNB

BNB is a BFT coin that uses the BEP-2 hashing algorithm. It was first traded on June 27th, 2017. BNB’s total supply is 147,587,045 coins. BNB’s official Twitter account is @bnbchain and its Facebook page is accessible here. The official website for BNB is bnbchain.org/en. The Reddit community for BNB is https://reddit.com/r/bnbchainofficial and the currency’s Github account can be viewed here.

According to CryptoCompare, “BNB (BNB) is a cryptocurrency . BNB has a current supply of 147,587,103.25370085. The last known price of BNB is 595.23771593 USD and is up 1.75 over the last 24 hours. It is currently trading on 2154 active market(s) with $1,715,840,744.75 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 purchase alternative cryptocurrencies such as BNB directly using US dollars. Investors seeking to trade BNB should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase BNB using one of the aforementioned exchanges.

BNB/USD price chart by TradingView