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Buy BNB Australia

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Buy BNB Australia

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BNB

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Global Rank

Current global rank based on market cap.

Market Cap

The total value based on current price x supply.

24Volume

The total value traded in the past 24hrs.

All Time High (ATH)

The highest dollar value 1 has sold for.

Trade Activity

The % of buy and sell on Swyftx within past 24hrs.

Global Rank

#0

Market Cap

$0.00

24hr Volume

$0.00

24hr Change

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What is Binance Coin

BNB, otherwise referred to as ‘Binance Coin’ is the native utility token of the Binance cryptocurrency exchange and the Binance Decentralised Exchange (DEX). Because it was originally built on the Ethereum network, BNB tokens were ERC-20 tokens hosted on Ethereum at first. However, after the launch of Binance Chain mainnet in April 2019, the BNB tokens were swapped from ERC-20 to BEP-2 and hosted on the Binance Chain instead. Running parallel to the Binance Chain is the Binance Smart Chain (BSC), an EVM-compatible network that relies on a new consensus mechanism called Parlia. Parlia is a Proof-of-Staked Authority (PoSA) consensus mechanism that is a hybrid between Proof-of-Stake (PoS) and Proof-of-Authority (PoA).

You can buy BNB on a number of cryptocurrency exchanges. Swyftx crypto exchange offers users a safe, secure, and easy-to-use platform to buy BNB and a number of other cryptocurrencies.

What is BNB used for?

BNB is used for a variety of different network functions, including delegated staking on the authority validator, trading fee discounts, and participating on the Binance Launchpad. The total BNB supply is capped at 200 million, with an implemented burn mechanism that reduces the supply approximately every three months until it reaches 100 million.

How do I buy BNB in Australia?

To Buy BNB in Australia, sign up for a free trading account with Swyftx, deposit up to $50,000 AUD and click the ‘Buy BNB’ button. Once you’ve purchased BNB, this will be automatically stored in your Swyftx wallet.

Why should I buy Binance Coin on Swyftx?

Swyftx is Australia’s top-rated cryptocurrency exchange, for those looking to buy BNB and other digital assets. Our trading platform has an abundance of features that makes it easy and fast to buy BNB in Australia. When you sign up for an account, you’ll enjoy some of the lowest spreads and cheapest trading fees in the country. You can trade over 240 of your favorite cryptocurrencies from the convenience of your mobile phone or on your desktop. Our personalised customer support team are here to guide you along the way, giving you the confidence you need to navigate the world of cryptocurrency.

 

How do we determine the price of Binance Coin (BNB)?

The prices of all coins and digital assets listed on Swyftx (including Binance Coin) are set using real global trade volumes and the price of the last trade that occurred. Swyftx also offers incredibly small spreads and low trading fees when you buy BNB, meaning that you won’t see the price fluctuate as much as you may on other platforms. When you buy BNB on the Swyftx exchange, you’ll buy Binance Coin at the current market price.

Where can I store BNB?

When you buy Binance Coin (BNB) on Swyftx’s trading platform, the digital asset will be automatically stored in the integrated wallet on your account. Crypto wallets are considered the safest way to maintain and manage your cryptocurrencies. It is recommended that you use a wallet to send, receive and store your digital assets.

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Rated 4.8 out of 5 based on 1960 reviews

AJcryptoWA
AJcryptoWA
2021-03-18
Verified
Swyftx is a great user friendly platform with fast, secure transactions and low fees. The recent upgrades have given the platform some great aesthetics and they have a friendly, helpful team who are quick to assist you when required.
Toni B
Toni B
2021-03-17
Verified
This app works really good and you trust it. You can deposit and withdraw you money safely and quicker than any other app.
Manish
Manish
2021-03-17
Verified
Excellent customer service and broad range of crypto available.
Kerem
Kerem
2021-03-17
Verified
Swyftx is a good trading platform for both beginners and old time traders, you can use this with ease and get all of your stuff done like every other application. However there is one area Swyftx shines more than any other trading platform, and it is the customer help centre, I have never experienced such professional caring work from a trading platform like this one, I will continue using this application for a long time. Keep up the work guys!
JS
JS
2021-03-16
Verified
Customer support are very reliable. No fuss and eager to help. Thanks
Mark
Mark
2021-03-16
Verified
Easy to use platform with plenty of information available at your fingertips. Helpful staff who resolved a small issue I had simply and quickly. Great product!
Jax
Jax
2021-03-16
Verified
KAJ
KAJ
2021-03-16
Verified
The support team and user-friendly interface is top-notch! They consistently update the site and truly listen to the customers. I'm particularly fond of the "Bundle" buy feature that lets you make bulk order on your favourite cryptocurrencies.
Angelo Demetriades
Angelo Demetriades
2021-03-15
Verified
Jamied
Jamied
2021-03-15
Verified
Swyftx is my go to crypto trader it’s easy to use and they don’t rip you off
Trustpilot rating score: 4.8 of 5, based on 1961 reviews.

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