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Buy Binance Coin (BNB)

NZD 0.00

0.00% past 24 hours

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Buyers 80.4%

  • Deposit Enabled

  • Withdrawals Enabled

About Binance Coin (BNB)

BNB, otherwise referred to as ‘Binance Coin’ is the native utility token of the Binance exchange, the largest cryptocurrency exchange in the world. Since its inception in 2017, Binance has become one of the largest brands in the blockchain industry. Aside from being the largest crypto exchange, it has launched an entire ecosystem of crypto-related functionalities.

Binance coin is an integral component of this ecosystem. Initially, BNB started out as an ERC-20 token built on the Ethereum network. However, after the launch of the Binance Chain mainnet in April 2019, the BNB tokens were swapped from ERC-20 on the Ethereum blockchain to BEP-2 tokens 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 that has elements of both Proof-of-Stake (PoS) and Proof-of-Authority (PoA).

Binance coin (BNB) is one of the largest cryptocurrencies in the world by market cap. You can use Australian dollars when buying BNB coin on the Swyftx cryptocurrency exchange. Swyftx offers users a safe, secure, and easy-to-use platform to buy and sell BNB tokens and a number of other cryptocurrency coins.

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‘Swyftx’ is a brand of Swyftx Pty Ltd (ABN 72 623 556 730, AFSL 568543). Swyftx’s spot cryptocurrency exchange services are not provided under Swyftx’s AFSL and are not issued, arranged, distributed or authorised by Eightcap Pty Ltd (ABN 73 139 495 944, AFSL 391441) (Eightcap), Web3 Loans Pty Ltd (ABN 48 668 516 952) or Web3 Ventures Pty Ltd trading as Block Earner (ABN 63 655 090 869, ACL 551024) (Block Earner). Derivative products are issued by Eightcap and distributed by Swyftx. Credit products are provided by Block Earner. Swyftx is an authorised credit representative of Block Earner (Credit Representative No 579667). 

The information on this website is general in nature and does not consider your objectives, financial situation or needs. You should consider whether this is suitable for you and your personal circumstances. Any statistics, price references, graphics or information on this page related to the performance of any asset, market or trading account are not indicative of current performance and should not be relied upon when making a decision to invest. This website is not targeted at the public, nor residents, of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful. Digital assets are volatile and carry high levels of risk, you may lose some or all of your investment. Derivative products are highly speculative and carry significant risk. Credit products are subject to lending criteria. Before making any decision about whether to acquire a product, you should read the applicable Terms of Service and, where relevant, the PDS, FSG, Credit Guide and TMD available on Swyftx’s website, as well as the respective product issuer’s website (if applicable).