BNB (BNB) Price Tops $591.07 on Major Exchanges

BNB (BNB) traded up 2.2% against the US dollar during the twenty-four hour period ending at 20:00 PM ET on May 8th. One BNB coin can now be purchased for $591.07 or 0.00963538 BTC on exchanges. In the last week, BNB has traded 5.6% higher against the US dollar. BNB has a total market capitalization of $87.23 billion and $1.61 billion worth of BNB was traded on exchanges in the last day.

BNB Coin Profile

BNB is a BFT coin that uses the BEP-2 hashing algorithm. Its launch date was June 27th, 2017. BNB’s total supply is 147,587,144 coins. BNB’s official Twitter account is @bnbchain and its Facebook page is accessible here. 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.

According to CryptoCompare, “BNB (BNB) is a cryptocurrency . BNB has a current supply of 147,587,202.0130825. The last known price of BNB is 585.02615957 USD and is down -0.54 over the last 24 hours. It is currently trading on 2154 active market(s) with $1,558,889,061.43 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 buy alternative cryptocurrencies such as BNB directly using U.S. dollars. Investors seeking to acquire BNB should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy BNB using one of the exchanges listed above.

BNB/USD price chart by TradingView