Binance Coin (BSC) (BNBBSC) Price
$850.55 0.94%
Latest Updates
Updated at 19:00Market cap
$118,385,483,726.97
Market rank
#5
Volume 24H
$2,021,460,032.75 3.21%
Price change 24h
+$8.0143 0.94%
Price change 7d
-$3.8719 0.46%
What about Binance Coin BSC?
BNBBSC (Binance Coin BSC) is a digital asset that operates within the Binance Smart Chain (BSC) network. Binance Smart Chain is a blockchain platform developed by Binance, one of the world's largest cryptocurrency exchanges, as an alternative to the Ethereum network.
BNBBSC is essentially a variant of Binance Coin (BNB), which is the native token of the Binance exchange. However, unlike BNB, which operates on the Ethereum network as an ERC-20 token, BNBBSC operates on the Binance Smart Chain as a BEP-20 token.
The main advantage of using BNBBSC on the Binance Smart Chain is that it allows for faster and cheaper transactions, compared to the Ethereum network. This is because Binance Smart Chain uses a variant of the Proof-of-Stake consensus mechanism, which allows for faster block confirmation times and lower transaction fees.
BNBBSC can be used for a variety of purposes on the Binance Smart Chain network, including paying transaction fees, participating in decentralized finance (DeFi) applications, and even gaming. Besides, holding BNBBSC can also provide certain benefits, such as discounted transaction fees and access to exclusive events and special offers on the Binance exchange.
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Trending
24h top price changes+$0.42979 64.42%
+$0.0503 29.60%
+$0.00492 25.98%
+$0.00025 19.54%
+$0.03311 17.83%
+$0.01611 15.98%
+$0.00441 14.97%
+$0.00171 14.05%
+$0.17343 13.01%
+$0.00545 12.29%
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