BNB (BNB) Price Tops $591.07 on Major Exchanges

BNB (BNB) traded up 2.2% against the U.S. dollar during the one day period ending at 20:00 PM ET on May 8th. Over the last seven days, BNB has traded 5.6% higher against the U.S. dollar. BNB has a market capitalization of $87.23 billion and approximately $1.61 billion worth of BNB was traded on exchanges in the last day. One BNB coin can currently be bought for approximately $591.07 or 0.00963538 BTC on exchanges.

About BNB

BNB (CRYPTO:BNB) is a BFT coin that uses the BEP-2 hashing algorithm. Its genesis 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. The official website for BNB 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 purchase alternative cryptocurrencies such as BNB directly using US dollars. Investors seeking to trade BNB should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase BNB using one of the aforementioned exchanges.

BNB/USD price chart by TradingView