The BNB (BNB) to US Dollar (USD) exchange rate is a critical piece of information for traders, investors, and anyone interacting with the Binance ecosystem. As of the latest data, the price of 1 BNB is $650.2 USD. This guide provides a comprehensive overview of the current market status, conversion metrics, and essential insights for handling BNB conversions.
Current BNB to USD Exchange Rate
The live conversion rate between BNB and the US Dollar is constantly updated to reflect real-time market conditions.
- 1 BNB = $650.2 USD
This value fluctuates based on market supply and demand, trading volume, and broader cryptocurrency market trends. Staying informed with the latest price is crucial for making timely decisions.
BNB Market Capitalization and Supply
Understanding market cap and supply provides context for BNB's value and position in the crypto market.
- Circulating Supply: 140,885,387.35 BNB
- Market Capitalization: $91,546,511,694.93 USD
- 24-Hour Trading Volume: $1,392,826,654.22 USD
The trading volume has decreased by approximately 5.52% in the last 24 hours, which can indicate changing market sentiment or activity levels.
BNB to USD Conversion Table
For quick reference, use these tables to convert common amounts between BNB and US Dollars.
Converting BNB to USD
| BNB Amount | USD Equivalent |
|---|---|
| 0.01 BNB | $6.50 USD |
| 0.1 BNB | $65.02 USD |
| 1 BNB | $650.20 USD |
| 10 BNB | $6,502 USD |
| 100 BNB | $65,020 USD |
Converting USD to BNB
| USD Amount | BNB Equivalent |
|---|---|
| $0.01 USD | 0.00001538 BNB |
| $0.10 USD | 0.0001538 BNB |
| $1.00 USD | 0.001538 BNB |
| $10.00 USD | 0.01538 BNB |
| $100.00 USD | 0.1538 BNB |
How to Convert BNB to USD
Converting your BNB holdings into US Dollars typically involves using a cryptocurrency exchange or platform that supports fiat off-ramping. The general process involves:
- Depositing your BNB into a secure exchange wallet.
- Placing a sell order for BNB at the current market price or a specified limit price.
- Once the trade is complete, the USD equivalent will be credited to your account.
- You can then withdraw these USD funds to your linked bank account.
For a seamless experience, it's vital to choose a platform known for competitive rates, low fees, and robust security. 👉 Explore secure conversion platforms here.
Factors Influencing the BNB Price
The BNB to USD exchange rate is dynamic and influenced by several key factors:
- Binance Ecosystem Utility: BNB's value is heavily tied to its use within the Binance exchange for paying trading fees, participating in token sales, and more.
- Overall Crypto Market Sentiment: Bullish or bearish trends in Bitcoin and Ethereum often trickle down to altcoins like BNB.
- Supply Mechanics: Binance's quarterly coin burns, which permanently remove BNB from circulation, can impact its scarcity and price.
- Regulatory News: Announcements or policies from regulators around the world can cause significant price volatility.
- Adoption and New Use Cases: Expansion of BNB's utility into new areas like decentralized finance (DeFi) or gaming can drive demand.
Frequently Asked Questions
What was the change in the BNB to USD rate over the past day?
Over the past 24 hours, the BNB price has experienced an increase. This short-term movement is part of normal market fluctuations and should be considered alongside longer-term trends.
Can I buy BNB with US Dollars directly?
Yes, many major cryptocurrency exchanges allow you to purchase BNB directly using US Dollars (USD) through bank transfers, debit cards, or other payment methods.
What does 'circulating supply' mean for BNB?
The circulating supply refers to the number of BNB coins that have been mined or released and are currently available to the public in the market. It does not include coins that are locked, reserved, or not yet issued.
Is the conversion rate the same on all platforms?
No, the BNB to USD rate can vary slightly between different exchanges and platforms due to factors like liquidity, trading volume, and fee structures. It's always wise to compare rates before executing a large trade.
How do I safely store my BNB after purchase?
You can store BNB in a variety of wallets. For large amounts, a secure hardware wallet is recommended. For active trading, a trusted exchange wallet is common, though it's important to use platforms with strong security measures. 👉 Learn about advanced storage methods.
Why is the market capitalization an important metric?
Market capitalization (market cap) is calculated by multiplying the current price by the circulating supply. It gives you a sense of the crypto asset's total value and size compared to others, helping to assess its stability and dominance in the market.