Binance Coin (BNB), the token issued by the world’s largest cryptocurrency exchange by trade volume Binance, has extended its recent gains to set a new all-time high in bitcoin-denominated value. Although Bitcoin dominance is an interesting statistic to look at, one should keep in mind that it does not reflect its real value (especially because of forked and premined coins, which impact the total market cap in a very unnatural way). Also worth noting, that market cap does not mean an influx of money. It is just a measurement based on the circulating supply and current market price. BNB is also performing very good against Bitcoin (BTC), despite the recent increase in Bitcoin’s value as well. ABOUT BINANCE COIN (BNB) Binance Coin is without a doubt one of the most popular cryptocurrency exchange tokens. It’s the native token for the leading crypto exchange when it comes to traded volumes – Binance. BNB was introduced through the popular means of raising funds back ... In particular, DeFi-related coins have performed the worst and continued to fall in value despite Bitcoin's bullish momentum. Source: Tradingview. This peculiar market movement has left many investors scratching their heads as Bitcoin, and Altcoins' correlation weakens. Many investors expect Bitcoin’s upsurge to positively impact altcoins as well. However, this has not happened. We have seen ... You can also purchase Binance Coin using Bitcoin, Bitcoin Cash and XRP in many countries across different platforms. When you use Ethereum to buy BNB, you are likely to save time and cost, and above all, there is no need to log-in elsewhere to complete the transaction. Do not forget that some people must use another platform to first transfer their ETH to the place they are using to buy BNB ... Binance Coin Value, Market Cap and Volume. Binance is only issuing 200 million BNB. Out of the total available coins, 50% was awarded to ICO investors, 40% was given to the founding team, and 10% went to angel investors. As of November 2017, there were 99,014,000 coins in circulation with a market cap of $188,224,624.
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