Binance Coin BNB

Binance Coin (BNB) is a cryptocurrency issued by the Binance crypto exchange. Binace was created in 2017 as a token that will be used to trade on Binance exchange. The idea behind BNB coin was to offer an alternative way to pay trading fees on the exchange.

At its initial stage Binance Coin was using the ERC-20 standard on the Ethereum network. Now, BNB is the native currency of the Binance blockchain.

Today, Binance Coin has gone beyond the exchange. It has plenty of possibilities like:

At the moment of writing this text there are 153,432,897 BNB coins in circulation. The maximum amount of Binace coins that can be in circulation is 170,532,785.

BNB Coin has many benefits that go beyond Binance exchange:

Technically, Binance Coin can't be mined. You can buy BNB and then stake it, and eventually earn a certain amount over time (it works like interest). You can also be part of the Binance blockchain and participate as a validator. Any user who confirms a particular transaction can be rewarded for that action.

Changpeng Zhao founded the Binance crypto exchange in 2017. Since then he has been the CEO of the company. He-Yi, is the co-founder of the Binance project.

Today, Binance is one of the largest cryptocurrency trading exchanges in the world.

On the Bitcoin Store platform, you can easily buy Binance Coin and more than 130 cryptocurrencies at the real-time exchange rate with the lowest fees.

First, you need to create and verify your account on the Bitcoin Store cryptocurrency trading platform to get full access.

After successful verification you can make a deposit (in HRK or EUR) to your Bitcoin Store Wallet.

Supported payment methods for deposit are:

Once we receive your payment, funds to purchase cryptocurrencies will be available on your Bitcoin Store Wallet and you can start purchasing cryptocurrencies.

On the Bitcoin Store platform, you can easily sell more than 130 cryptocurrencies from our offer at the current exchange rate.

You can instantly sell cryptocurrencies that are stored on your Bitcoin Store Wallet.

Cryptocurrency stored on personal wallets such as Exodus, TrustWallet, Ledger, Treasury, etc., or on various trading platforms must be transferred to your Bitcoin Store Wallet before selling.

Once the transfer is successful you can sell your cryptocurrency. You can withdraw the funds directly to your bank account or keep them on your Bitcoin Store Wallet and use them for future cryptocurrency purchases.

You can buy and sell cryptocurrencies for cash in Bitcoin Store exchange offices in Zagreb and Split.

Verifying your identity via ID card is not required for all transactions up to HRK 15.000,00

In the exchange office, you can also make a deposit in cash directly to your Bitcoin Store account. The amount you deposit will be visible immediately and ready for your next cryptocurrency purchase.

You can store Binance Coin in your digital wallet. When it comes to cryptocurrencies, digital wallets can be divided into 2 groups - Hot Wallets and Cold Wallets.

Hot wallets include:

Cold Wallets include:

You can also store BNB on your own Bitcoin Store Wallet. The access and storage of cryptocurrency are free for all users who register on the Bitcoin Store Platform.

On Bitcoin Store Wallet you can:

On 2022-07-04 the current Binance Coin price/exchange rate is 209.2 EUR.