
Swapped.com offers a fast and easy way to buy Binance Coin (BNB) with a credit or debit card, bank transfer, Apple Pay, Google Pay, and more.
How to buy Binance Coin?
Select
Choose how much Binance Coin you want to buy.
Pay
Pay with one of 40+ payment methods.
Receive
Receive the Binance Coin in your wallet.
The best way to buy Binance Coin
Over 1.500.000+ users choose Swapped.com as their preferred way to buy Binance Coin.
Live support
Our dedicated support team is
ready to help you 24/7.
Lowest fees
We offer the lowest fees for buying
crypto compared to similar providers.
Fast transactions
Transactions are sent within seconds after we receive your payment.
Global support
We support more than 150+ countries
all over the globe.
Market stats
Binance Coin (BNB) stands as one of the most successful exchange tokens in the cryptocurrency ecosystem, powering the world's largest crypto trading platform and expanding far beyond its original utility. With a market capitalization exceeding billions and deep integration into multiple blockchain ecosystems, BNB has evolved from a simple discount token into a cornerstone of decentralized finance.
What is Binance Coin?
Binance Coin was launched by Binance, the global cryptocurrency exchange founded by Changpeng Zhao. Originally created as an ERC-20 token on Ethereum, BNB was designed to provide trading fee discounts and enhance user experience on the Binance platform. The token later migrated to Binance's own blockchain, Binance Smart Chain (now BNB Chain), transforming from a utility token into the native cryptocurrency of an entire ecosystem.
BNB's journey represents one of the most successful transitions from centralized exchange utility to decentralized blockchain infrastructure. Unlike many cryptocurrencies that started as purely decentralized projects, BNB demonstrates how centralized entities can bootstrap decentralized networks and create sustainable tokenomics that benefit both the platform and its users.
Why use Binance Coin?
BNB serves multiple purposes within the Binance ecosystem and beyond. Primary use cases include paying trading fees on Binance exchange with significant discounts, participating in token launches through Binance Launchpad, and serving as the native gas token for BNB Chain transactions. The token also enables staking rewards, governance participation, and access to exclusive platform features.
The tokenomics of BNB are particularly attractive due to Binance's quarterly burn mechanism. Using profits from the exchange, Binance regularly destroys BNB tokens, permanently removing them from circulation. This deflationary pressure, combined with growing utility across multiple platforms, creates scarcity while demand continues expanding through new use cases and platform growth.
BNB Chain offers fast, low-cost transactions with compatibility for Ethereum-based applications. Users can interact with thousands of decentralized applications, participate in yield farming, trade on decentralized exchanges, and engage with various DeFi protocols while paying minimal transaction fees compared to Ethereum's mainnet.
How Binance Coin works
BNB operates on BNB Chain, which consists of two parallel chains: BNB Beacon Chain for governance and staking, and BNB Smart Chain for smart contract execution. This dual-chain architecture provides optimal performance for both simple transfers and complex decentralized applications.
The network uses a Proof of Staked Authority consensus mechanism, where validators are pre-approved and stake BNB tokens to secure the network. This system enables faster block times and lower fees while maintaining sufficient decentralization for most applications. Users can stake their BNB tokens with validators to earn rewards while contributing to network security.
Transaction fees on BNB Chain are paid in BNB tokens, similar to how ETH is used on Ethereum. The low cost structure makes it attractive for high-frequency trading, gaming applications, and other use cases where transaction costs matter significantly.
Binance Coin's timeline
The Binance exchange launched, quickly becoming a major trading platform. BNB was introduced as an ERC-20 token for trading fee discounts. The first quarterly burn event destroyed millions of tokens. BNB migrated to Binance Chain as a native token. Binance Smart Chain launched, enabling smart contracts and DeFi applications. Major partnerships expanded BNB's utility beyond trading. Cross-chain bridges connected BNB to other major blockchains. Institutional adoption increased as traditional finance recognized BNB's utility. Multiple upgrades improved network performance and added new features.
The risks of Binance Coin
BNB carries centralization risks since Binance exerts significant influence over the token and its underlying infrastructure. Regulatory challenges facing Binance could impact BNB's value and utility, as demonstrated by various regulatory investigations and restrictions in different jurisdictions. The token's success remains closely tied to Binance's business performance and reputation.
The cryptocurrency exchange industry faces intense competition and regulatory scrutiny. Changes in regulations, particularly regarding centralized exchanges, could significantly affect BNB's utility and value proposition. Additionally, the concentration of validators and the pre-approval process for BNB Chain raises questions about long-term decentralization.
Why Binance Coin matters
BNB's success proves that practical utility drives sustainable value in cryptocurrency markets. Unlike purely speculative tokens, BNB provides immediate benefits to users while building long-term value through platform growth and token burns. This model has inspired numerous other exchange tokens and utility-driven cryptocurrencies, establishing BNB as a blueprint for sustainable tokenomics in the digital asset space.
Binance Coin (BNB) price, charts and statistics
Check the current Binance Coin price, detailed charts, and key market statistics. Stay updated with real-time data to track Binance Coin's performance and market trends.
Relevant resources for BNB
Access relevant resources such as Binance Coin's website or whitepaper to help you better understand its purpose and shed some light on the future of the project.