Binance Coin: Buy or sell BNB with the lowest price and commission! (2024)

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Binance Coin(BNB) price - exchange rate 12/22/2023 6:17 AM is 251.5 EUR. In dollars the price is 276.22 USD.

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This is for informational purposes only

This is for informational purposes only

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BNB

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How to buy Binance Coin (BNB)?

Follow 4 easy steps to purchase BNB.

Create an account

Frequently asked questions

Learn how the Bitcoin Store platform works

What is the Binance Coin (BNB) price - exchange rate today?

On 2023-12-22 the current Binance Coin price/exchange rate is 251.5 EUR.

What is Binance Coin (BNB) and how does it work?

Binance Coin(BNB) is a cryptocurrency issued by the Binance crypto exchange.

Binace was created in 2017 as a token that will be used to trade on Binance exchange.

The idea behind BNB coin was to offer an alternative way to pay trading fees on the exchange.

At its initial stage Binance Coin was using the ERC-20 standard on the Ethereum network. Now, BNB is the native currency of the Binance blockchain.

Today, Binance Coin has gone beyond the exchange. It has plenty of possibilities like:

  • payments on various platforms
  • for accommodation reservations
  • investing in new crypto projects through ICOs that appear in the Binance Launchpad program
  • making donations
  • making credit card payments

How many Binance coins (BNB) are in circulation?

At the moment of writing this text there are 155,850,758 BNB coins in circulation.

The maximum amount of Binance coins that can be in circulation is not defined.

What are the benefits of Binance Coin (BNB)?

BNB Coin has many benefits that go beyond Binance exchange:

  • lower fees for transactions (sales, purchases) on the Binance Exchange.
  • the possibility of cashback when using a Binance card.
  • access to other centralized exchanges where you can exchange BNB Coins (such as Pancake Swap, Sushiswap, and others).
  • the possibility of “staking” on the Binance stock exchange.
  • BNB can be used as collateral for loans on certain platforms.

How to mine Binance Coin (BNB)?

Technically, Binance Coin can't be mined. You can buy BNB and then stake it, and eventually earn a certain amount over time (it works like interest).

You can also be part of the Binance blockchain and participate as a validator. Any user who confirms a particular transaction can be rewarded for that action.

Who is the founder of Binance (BNB)?

Changpeng Zhao (CZ)founded the Binance crypto exchange in 2017.

Since then he has been the CEO of the company.He-Yi, is the co-founder of the Binance project.

Today, Binance is one of the largest cryptocurrency trading exchanges in the world.

How to buy Binance Coin (BNB)?

On the Bitcoin Store platform, you can easily buy Binance Coin and more than170cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need tocreateandverifyyour account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification, you can deposit (EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

  • internet or mobile banking
  • card deposits (VISA, Mastercard)
  • bank transfer
  • payment slip
  • cash payment in the Bitcoin Store physical exchange office

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet, and you can start purchasing cryptocurrencies.

How to sell Binance Coin (BNB)?

On the Bitcoin Store platform, you can easily sell more than150cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or various trading platforms and must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful, you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

Can I buy or sell Binance Coin (BNB) for cash?

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices inZagreb, Rijeka, Osijek, and Split.

Verifying your identity via ID card is not required for all transactions up to1000,00 EUR.

You can deposit cash directly to your Bitcoin Store account in the exchange office.

The deposit amount will be visible immediately and ready for your next cryptocurrency purchase.

Where can I store Binance Coin (BNB)?

You can store Binance Coin in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

  • desktop wallet
  • mobile wallet
  • online wallet

Cold Wallets include:

  • hardware wallet
  • paper wallet

You can also store BNB on your ownBitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:

  • store more than150cryptocurrencies
  • deposit, withdraw and store funds inEUR

Show all FAQs

Bitcoin Store Wallet

Registered users have free access to the Bitcoin Store Wallet (digital wallet) on which you can safely store more than 170 cryptocurrencies. Simply make a deposit and withdraw funds or transfer crypto to other digital wallets.

Securely store Binance Coin on Bitcoin Store Wallet

Withdraw Euros to your bank account

Monitor your investments in realtime

Create an account

Binance Coin price, investment and fees

Real-time Binance Coin price 12/22/2023 6:17 AM is €251.5.

How often does the Binance Coin (BNB) price change?

Cryptocurrency prices are updated every second according to the rates of global stock exchanges. The exchange rate list of the Bitcoin Store platform shows the middle exchange rate for cryptocurrencies. When buying or selling cryptocurrencies, the buying or selling rate (with the fee included) will be displayed.

What is the fee for buying or selling Binance Coin BNB?

Bitcoin Store does not charge a commission when buying or selling cryptocurrencies. Cryptocurrencies are bought / sold exclusively at their buying or selling rate. Bitcoin Store exchange rate can vary by 1% to 4% compared to the rates of global exchanges. The exchange rate can be changed with respect to the requested amount when placing orders. Depositing and withdrawing funds from the Bitcoin Store Wallet is free of charge.

What payment methods do you support?

Bitcoin store supports buying / selling cryptocurrencies via: Bank transfer (SEPA), cash payment, Internet and mobile banking, Transferwise, Revolut (entering “Reference number” within the Reference field is mandatory)*.

I'm an enthusiast with a deep understanding of the cryptocurrency landscape, particularly when it comes to Binance Coin (BNB). My knowledge is rooted in the foundational principles of blockchain technology, market dynamics, and the specific features of BNB. Let's break down the key concepts in the provided article:

1. Current Price and Market Data:

  • The current price of Binance Coin (BNB) is 251.5 EUR or 276.22 USD as of December 22, 2023, at 6:17 AM.
  • The last 24-hour price change is not provided.
  • The market cap, trading volume, and the supply of BNB are not explicitly mentioned.

2. How to Buy Binance Coin (BNB):

  • The article outlines a four-step process to purchase BNB on the Bitcoin Store platform: account creation, Euro deposit, BNB purchase, and wallet storage.

3. What is Binance Coin (BNB) and How It Works:

  • BNB is a cryptocurrency issued by Binance crypto exchange, created in 2017 for trading on the Binance platform.
  • Initially an ERC-20 token on the Ethereum network, BNB is now the native currency of the Binance blockchain.
  • BNB has evolved beyond the exchange, finding use in various applications like payments, accommodation reservations, ICO investments, donations, and credit card payments.

4. Circulation and Benefits of Binance Coin (BNB):

  • As of the provided information, there are 155,850,758 BNB coins in circulation.
  • Benefits include lower fees on Binance Exchange, cashback with a Binance card, access to other exchanges, staking on Binance, and use as collateral for loans.

5. Mining Binance Coin (BNB):

  • BNB cannot be mined in the traditional sense; instead, it can be bought, staked for earning interest, or earned by participating as a validator on the Binance blockchain.

6. Founder of Binance (BNB):

  • Changpeng Zhao (CZ) is the founder and CEO of Binance, established in 2017. He-Yi is the co-founder.

7. How to Buy and Sell Binance Coin (BNB) on Bitcoin Store:

  • The Bitcoin Store platform facilitates the purchase and sale of BNB and over 170 cryptocurrencies using various payment methods, including bank transfer, card deposits, and cash payments.

8. Storage of Binance Coin (BNB):

  • BNB can be stored in digital wallets, categorized as hot wallets (desktop, mobile, online) or cold wallets (hardware, paper).
  • Bitcoin Store Wallet is suggested for storing BNB, allowing users to manage more than 150 cryptocurrencies.

9. Binance Coin Price, Investment, and Fees:

  • The real-time BNB price on December 22, 2023, is 251.5 EUR.
  • Cryptocurrency prices, including BNB, are updated every second on the Bitcoin Store platform.
  • Bitcoin Store does not charge a commission for buying or selling cryptocurrencies, and fees are determined by the buying or selling rate.

10. Payment Methods Supported by Bitcoin Store:

  • Bitcoin Store supports various payment methods, including bank transfer (SEPA), cash payment, internet and mobile banking, Transferwise, and Revolut.

In conclusion, this comprehensive overview provides insights into Binance Coin, its usage beyond the Binance exchange, the process of buying and selling on the Bitcoin Store platform, and essential details for potential investors and users.

Binance Coin: Buy or sell  BNB with the lowest price and commission! (2024)

FAQs

What is the minimum buy for BNB? ›

The minimum amount required to purchase BNB on ZebPay is INR 99.

What is the cheapest way to buy Binance? ›

The cheapest way to buy Binance Coin BNB

YouHodler has low fees whether you want to buy BNB with credit cards, debit cards, or bank wire deposits.

What is the best platform to buy BNB crypto? ›

Binance offers many options where you can easily buy several cryptocurrencies including BNB, with the lowest fees and highest security.

Is it a good time to buy BNB? ›

Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 69 (Greed). Binance Coin recorded 15/30 (50%) green days with 5.75% price volatility over the last 30 days. Based on the Binance Coin forecast, it's now a good time to buy Binance Coin.

What was BNB lowest price? ›

The lowest price paid for BNB (BNB) is $0.03982, which was recorded on Oct 19, 2017 (almost 7 years). Comparatively, the current price is 1,457,902.58% higher than the all-time low price.

What is the minimum BNB to sell in Binance? ›

Updates on Minimum Order Size for Spot and Margin Trading Pairs (2023-08-31)
Trading Pairs With the Following Quote AssetsPrevious Minimum Order SizeUpdated Minimum Order Size
BNB0.05 BNB0.01 BNB
RON40 RON20 RON
PLN50 PLN25 PLN
ZAR200 ZAR100 ZAR
1 more row
Aug 31, 2023

How do I pay less fees on Binance? ›

When you turn on the "Using BNB to pay for fees" a discount is applied to your trading fees. If you turn it off, Binance.US will charge 100% of the trading fees. Fees are calculated and displayed on the “Preview” screen for your order before you approve the transaction.

Which coin has lowest transaction fee on Binance? ›

Nano is the most cost-effective cryptocurrency for money transfers, with zero transaction fees. This unique feature is made possible by its innovative block lattice architecture, which allows for instant transactions without any fees.

Can you trade less than $10 on Binance? ›

If you're an ardent user of Binance, you will know that the threshold amount you can buy or sell is pegged at 10 dollars. Here's how you can sell or buy a coin with any amount of money: 1. Launch your Binance app; at the bottom of the app, select trade.

Which wallet is best for BNB coin? ›

Binance Coin Wallets: Top 10 Safest Places to Store BNB
  1. Ledger Nano S (Hardware Wallet) ...
  2. Trezor Model T. ...
  3. The Trust Wallet (Mobile Wallet) ...
  4. Binance Chain Wallet (Web Wallet) ...
  5. ELLIPAL Titan. ...
  6. Exodus Wallet (Desktop & Mobile) ...
  7. Coinomi Wallet (Desktop & Mobile) ...
  8. Enjin Wallet (Mobile)
Feb 15, 2024

How to buy BNB instantly? ›

You can buy BNB in the Bitcoin.com Wallet app in a few taps. Pay with credit card, bank transfer, or payment app and receive BNB directly in your self-custody wallet. BNB can also be purchased directly on this page and sent to the BNB Smart Chain wallet of your choice.

What is the best app to buy BNB? ›

BNB trading is available both on the CEX.IO website and in the CEX.IO Mobile app. To get started, go to the Trade page or select Trade Pro in the app. You will find the live BTC to USD chart and more than 200 crypto-to-crypto and crypto-to-fiat markets available for trading.

How much will 1 BNB be worth in 2025? ›

$ 619.66

Which coin will boom in 2024? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Bitcoin (BTC)$1.12 trillion$56,899
Ethereum (ETH)$367 billion$3057
Binance Coin (BNB)$76 billion$519.05
Solana (SOL)$62 billion$134
6 more rows

Which coin is best to buy now? ›

Top 10 Crypto Coins of 2024 for Maximum Profit
  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Binance Coin (BNB)
  • Cardano (ADA)
  • Solana (SOL)
  • Polkadot (DOT)
  • Avalanche (AVAX)
  • Pepe (PEPE)
7 days ago

What is the minimum stake for BNB? ›

You'll start earning your BNB staking rewards in 3 days after your deposit was staked. Your rewards are automatically added to your available balance. Minimum amount for staking is 1 BNB. You cannot stake less than 1 BNB.

Can I buy small amount of BNB? ›

As BNB is infinitely divisible, it is possible to purchase just a fraction of the currency. Nexo allows you to buy as little as $1 worth of BNB.

What is the minimum Binance purchase? ›

To start spot trading on Binance, you'll need to create an account and deposit $1. Once you've deposited your funds, you can start buying and selling cryptocurrencies. One way to make money spot trading is to buy cryptocurrencies when they're low and sell them when they're high.

What is the minimum BNB transfer? ›

BNB: Kindly be informed that the minimum coin transfer amount for BNB is 0.0150 BNB which is an equivalent of $6, as outlined in our terms and conditions. If you send below this amount, we won't be able to access it and process your payment.

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