BNB (BNB) Price Hits $594.81 on Exchanges

BNB (BNB) traded down 0.6% against the dollar during the one day period ending at 14:00 PM ET on October 22nd. One BNB coin can currently be purchased for approximately $594.81 or 0.00883976 BTC on major exchanges. Over the last seven days, BNB has traded 0.8% higher against the dollar. BNB has a market cap of $86.80 billion and approximately $1.74 billion worth of BNB was traded on exchanges in the last 24 hours.

About BNB

BNB is a BFT coin that uses the BEP-2 hashing algorithm. Its genesis date was June 27th, 2017. BNB’s total supply is 145,931,392 coins. BNB’s official website 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. BNB’s official Twitter account is @bnbchain and its Facebook page is accessible here.

According to CryptoCompare, “BNB (BNB) is a cryptocurrency . BNB has a current supply of 145,931,429.73293427. The last known price of BNB is 598.06658275 USD and is down -0.99 over the last 24 hours. It is currently trading on 2266 active market(s) with $1,876,431,034.73 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 Gemini, Changelly or Coinbase. 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