How many BNB coins are there in total?

3 answers

• Dec 28, 2021 · 3 years ago
  As of now, there are a total of 170,532,785 BNB coins in circulation. BNB, also known as Binance Coin, is the native cryptocurrency of the Binance exchange. It was initially launched as an ERC-20 token on the Ethereum blockchain, but later migrated to its own blockchain, the Binance Chain. BNB has gained significant popularity due to its utility within the Binance ecosystem, offering various benefits such as reduced trading fees and participation in token sales on the Binance Launchpad.
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• Dec 28, 2021 · 3 years ago
  The total supply of BNB coins is capped at 200 million. However, the circulating supply is subject to change as new coins are minted and released into the market. BNB has a deflationary mechanism in place, where Binance uses 20% of its quarterly profits to buy back and burn BNB coins, reducing the overall supply over time. This burning mechanism aims to increase the scarcity and value of BNB coins.
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• Dec 28, 2021 · 3 years ago
  According to the latest data, there are approximately 170 million BNB coins in circulation. BNB's popularity has grown rapidly since its launch, thanks to its strong association with the Binance exchange. Binance has established itself as one of the leading cryptocurrency exchanges globally, offering a wide range of trading pairs and innovative features. The demand for BNB coins stems from its utility within the Binance ecosystem, making it an attractive investment option for traders and investors alike.
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