BNB to EUR Live Price Converter
Binance Coin (BNB) is a cryptocurrency created by the Binance exchange. It adheres to the ERC20 token standard and operates on the Ethereum blockchain.
Key milestones in BNB's development:
- Raised $15 million via ICO in July 2017
Initial token distribution:
- 10% to angel investors (20 million BNB)
- 40% to founding team (80 million BNB)
- 50% to ICO participants (100 million BNB)
Fund allocation from ICO:
- 50% for branding/marketing
- 33% for platform development
- 15% contingency fund
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BNB Tokenomics: The Burn Mechanism
Binance implements a quarterly token burn:
- Uses 20% of profits to buy back and destroy BNB
- Aims to reduce total supply by 50% (to 100 million BNB)
- All transactions are blockchain-verified for transparency
This deflationary model helps maintain BNB's value by reducing circulating supply.
Current BNB Market Data
| Metric | Value |
|---|---|
| Current Price | €548.62 |
| 24h Change | -1.95% |
| 7d Change | +0.31% |
| Market Cap | €77B |
| 24h Volume | €1.2B |
Conversion rates update in real-time using the Live BNB Price Index.
BNB Price Conversion Tables
BNB to EUR
| Amount | Value |
|---|---|
| 0.5 BNB | €274.31 |
| 1 BNB | €548.62 |
| 5 BNB | €2,743.10 |
| 10 BNB | €5,486.20 |
| 100 BNB | €54,862.02 |
EUR to BNB
| Amount | Value |
|---|---|
| €0.50 | 0.00091 BNB |
| €1 | 0.00182 BNB |
| €10 | 0.01823 BNB |
| €100 | 0.18228 BNB |
Historical Price Comparison
- 24 hours ago: -1.95%
- 1 month ago: +5.81% (€580.52)
- 1 year ago: +4.88%
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BNB Supported Exchanges
| Exchange | Status |
|---|---|
| Binance | Active |
| Coinbase | Active |
| Kraken | Active |
| OKX | Active |
| KuCoin | Active |
Data reflects live market conditions
FAQ Section
What is Binance Coin (BNB)?
BNB is Binance's native cryptocurrency launched in 2017. It serves as a utility token across Binance's ecosystem including fee payments, staking, and service purchases.
Who created BNB?
Changpeng Zhao (CZ), Binance's founder, created BNB. He's a veteran entrepreneur who previously founded Fusion Systems and worked at OKCoin.
How does Binance use its profits?
Binance allocates 20% of quarterly profits to buy back and burn BNB tokens, creating deflationary pressure.
What makes Bitsgap special?
Bitsgap connects to 15+ exchanges, offering smart trading tools since 2017. It serves over 500K users with secure, automated trading solutions.
Where can I use BNB?
Beyond Binance, BNB is accepted by:
- Crypto.com
- Travala.com
- BitTorrent
- Various DeFi platforms
All prices update in real-time. Always verify current rates before trading.