Binance Coin
Last modified on 11. October 2020
Quick Facts
In August 2017, the gathering of real-time trading data for Binance Coin began on coinmarketcap.com.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, Binance Coin had an average trading volume of nearly US$ 102 m per day for the first trimester of 2019. This figure came to over US$ 118 m during the same period in 2018. The trading volume retraced by 14 percent accordingly.
The average market capitalization during the first trimester of 2019 equated to over US$ 1.4 bn. In the same period of 2018, this figure came to over US$ 1.1 bn. The corresponding increase in market capitalization equated to 22.8 percent.
Trading Price
In the first trimester of 2019, the average trading price was over US$ 10.4. This figure came to nearly US$ 12.5 during the same time frame of 2018. The corresponding price drop down equated to 16.3 percent.
The all-time high of Binance Coin in 2019
The Binance Coin currency climbed to a peak in June 2019 at nearly US$ 39.6. The equivalent market capitalization of the coin reached over US$ 5.3 billion. This put Binance Coin in the ballpark of certain other digital currencies, such as Bitcoin SV.
Binance Coins all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 190 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 915 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 85 billion.
- Binance Coin (BNB): 5.3 bn US dollars
- Bitcoin (BTC): 190 bn US dollars
- Apple (AAPL): 915 bn US dollars
- VW (VWAGY): 85 bn US dollars
- Date: 22 June 2019
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Binance Coin stood at just above US$ 11.6 with a market capitalization of over US$ 1.6 billion. A decline down to approximately 29.3 percent compared with the highest trading price stated above.
Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.
More Details
The Binance Coin is not generated via mining. It has a maximum supply of approximately 176 million coins.
Current Binance Coin transactions can be tracked using this block explorer, which also shows block height and other real-time statistics.
Additional details about Binance Coin, including the white paper and other links to source code, community forums and social media channels can be found on binance.com.
Markets
EUR
A large market for buying or selling Binance Coin in EUR is Binance. There are additional platforms where you can buy or sell Binance Coin, including WhiteBIT, Folgory and Binance Jersey, among others.
USD
A large market for buying or selling Binance Coin in USD is Binance. Additional trading platforms for buying or selling Binance Coin in USD are Bilaxy, Hoo and BW.com, among others.
BTC
A large market for buying or selling Binance Coin in BTC is Binance. There are additional platforms where you can buy or sell Binance Coin, including BitForex, P2PB2B and Coinsbit, among others.
Social Links
You can get in touch with the Binance Coin team directly by going to the following social media channels:
1. Or three percent, if omitting Bitcoin.