Current Binance Coin Price (CNY)
Binance Coin (BNB) is currently priced at $658.95 CNY** with a market capitalization of **$92.84 billion. Over the past 24 hours, BNB has experienced a 0.67% price decline, while trading volume reached $1.46 billion. The BNB/CNY exchange rate updates in real-time.
What's the current price of 1 BNB?
- 1 BNB = $658.95 CNY
- Exchange rate: $10 ≈ 0.01518 BNB
- 24-hour price range: $655.39 (low) to $664.39 (high)
BNB Market Overview
| Metric | Value |
|---|---|
| 24h Low/High | $655.39 / $664.39 |
| Fully Diluted Market Cap | $92,837,021,633.47 |
| 24h Trading Volume | $1,459,269,152.35 |
Understanding Binance Coin (BNB)
What is Binance Coin?
BNB is the native cryptocurrency of Binance, the world's largest crypto exchange. Launched in 2017 as an ERC-20 token, BNB migrated to its own blockchain (BNB Chain) in 2019. This utility token offers:
- Discounted trading fees on Binance
- Participation in token sales via Binance Launchpad
- Payment for goods/services (including travel bookings)
- Fuel for transactions on BNB Chain
How BNB Works
BNB Chain combines two sub-chains:
- BNB Beacon Chain (governance)
- BNB Chain (EVM-compatible, handles most transactions/DApps)
👉 Learn more about BNB Chain's architecture
Key Price Influencers
- Ecosystem Utility: BNB's value derives partly from its Binance ecosystem uses (fee discounts, token burns).
- Market Sentiment: Regulatory news and macroeconomic trends impact BNB's price.
- Supply Dynamics: Quarterly token burns reduce supply, potentially increasing value.
- Adoption: Growing use in DeFi and NFTs supports long-term demand.
Historical Price Data (CNY)
| Timeframe | Price Change | Low | High |
|---|---|---|---|
| 24h | -0.67% | $655.39 | $664.39 |
| 7d | +2.13% | $644.57 | $664.79 |
| 1y | +25.19% | $407.52 | $793.35 |
| All-time | +571,765.60% | $0.09611* | $793.35** |
*ATL (2017-08-01)
**ATH (2024-12-04)
Price Predictions
Short-Term Outlook
Technical indicators suggest:
- 4-hour chart: Buy signal
- Daily chart: Strong buy
- Weekly chart: Strong buy
Long-Term Projections
- 2026: Predicted $689.42 (+4.6% from current)
- 2031: Potential $1,898.22 (+186.49%)
How to Buy BNB
- Create a Bitget account (free, email/phone registration)
- Complete identity verification
- Deposit funds (crypto or fiat)
- Trade BNB/CNY pairs
FAQ Section
What affects BNB's short-term price?
Market sentiment, regulatory news, exchange volumes, and ecosystem developments.
How do crypto market trends impact BNB?
BNB generally follows broader market cycles—rising during bull markets and falling during bearish trends.
Why does Binance burn BNB tokens?
Quarterly burns reduce supply, creating deflationary pressure that may support price increases.
Is BNB a good long-term investment?
Potential depends on Binance's continued ecosystem growth and broader crypto adoption. Always conduct personal research.
Where can I track BNB price predictions?
Follow reputable crypto analysts, news platforms, and exchange resources like Bitget's market updates.
Disclaimer: Cryptocurrency investments carry risks. This content isn't financial advice.