BNB Chain is a community-driven blockchain network that includes the BNB Smart Chain (BSC) and the BNB Beacon Chain. Together, they enable smart-contract execution, decentralized applications, and cross-chain compatibility within the wider BNB ecosystem.

BNB was created by Changpeng Zhao (CZ) and He Yi, the founders of Binance, in July 2017. The token launched through an Initial Coin Offering (ICO) and later evolved to serve the broader decentralized network known as BNB Chain.

BNB is available on most major cryptocurrency exchanges, including Binance and other reputable trading platforms. Users can purchase it with fiat currencies, stablecoins, or other cryptocurrencies, then transfer it to a compatible wallet.

As of 2025, BNB's classification may vary by jurisdiction. Binance and BNB Chain have stated that BNB is a utility token used for payments and network participation rather than an investment contract, but regulatory interpretations differ globally.

opBNB is a Layer 2 scaling solution built on the Optimism OP Stack, designed to offer faster and cheaper transactions while maintaining compatibility with BNB Smart Chain. It enhances scalability for decentralized apps and Web3 projects.

Yes. Users can stake BNB to help secure the network and earn rewards. Staking can be done through validators or staking platforms on BNB Smart Chain and its connected Layer 2 networks.

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Q: What is BNB used for?

BNB is primarily used to pay transaction and gas fees on the BNB Chain, participate in governance proposals, and access various products and services within the Binance and BNB Chain ecosystem. It is also accepted for payments, DeFi collateral, staking, and NFT marketplaces.

Q: What is the BNB Auto-Burn mechanism?

BNB's Auto-Burn system reduces its total supply over time. Every quarter, a portion of BNB is permanently removed from circulation based on the number of blocks produced and the token's price, aiming to maintain transparency and long-term scarcity.

Q: How many BNB tokens exist?

BNB initially had a maximum supply of 200 million tokens. Through regular burns, this number is gradually reduced until the total supply reaches 100 million BNB.

Q: What is the difference between Binance Chain and BNB Smart Chain?

BNB Beacon Chain (formerly Binance Chain) manages staking and governance, while BNB Smart Chain (BSC) supports smart contracts and decentralized applications. The two chains operate in parallel and are interoperable through cross-chain technology.

Q: How does BNB Chain reach consensus?

BNB Smart Chain uses a Proof of Staked Authority (PoSA) mechanism, which combines elements of Delegated Proof of Stake and Proof of Authority. Validators are elected based on staked BNB, ensuring efficiency and decentralization.

Q: What wallets support BNB?

BNB can be stored in popular hardware wallets like Ledger and Trezor, or software wallets such as Trust Wallet (officially supported by Binance), MetaMask, and other non-custodial options that support the BNB Smart Chain network.

What is BNB?

BNB is a digital currency designed for the future.

As its adoption continues to grow globally, it becomes an essential addition to any investment portfolio seeking future-proof assets.

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BNB's growing ecosystem makes it a compelling option for forward-thinking investors

No Control from central Banks

Strong potential for high returns

Secure Transactions

Frequently Asked Questions

How much is 1 BNB in USD?

The live price of 1 BNB updates regularly based on live market data. Use the converter above to see the current rate.

How much BNB can I get for 1 USD?

Prices change based on market activity. Use the converter above to check the current exchange rate for BNB.

How do I convert BNB to USD?

Use the converter at the top of this page. Enter any amount in BNB or USD to get the instant conversion.

How can I buy BNB?

You can buy BNB directly with your local currency at Bitcoin.com. Support for credit cards, bank transfers, and payment apps.

What affects the price of BNB?

The price of BNB changes based on supply, demand, trading volume, and overall crypto market trends.

What other cryptos can I convert?

Check out the respective converter pages for other major cryptocurrencies, or simply select an asset above.

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BNB FAQ

What is BNB Chain?

Who created BNB?

What is BNB used for?

What is the BNB Auto-Burn mechanism?

How many BNB tokens exist?

What is the difference between Binance Chain and BNB Smart Chain?

How does BNB Chain reach consensus?

What wallets support BNB?

How can you buy BNB?

Is BNB a security?

What is opBNB?

What is BNB Greenfield?

How is BNB used for governance?

Can BNB be staked?

How secure is the BNB Chain?