Buy price
693.04
693.04
692.89
Information regarding past performance is not a reliable indicator of future performance.
BNB fell about 8% after Binance said on 29 Oct that hackers stole about $6.3 billion of client assets, the largest crypto theft on record, and US authorities linked the attack to North Korea's TraderTraitor group. Binance froze about $2.85 billion and says it has covered about 98% of the affected tokens with company funds.
Withdrawals restarted on 1 Nov, with $4.65 billion paid out on the first day, and on 2 Nov Binance published a zero-knowledge proof of reserves for ten major tokens, including BTC, ETH, USDT and BNB, showing at least 1:1 backing. The hackers are laundering part of the funds through THORChain. BNB is the token of Binance's own blockchain and gives fee discounts on the exchange, so its price depends on trust in Binance.
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Market open
Binance Coin
BNB
692.965
Charging Schedule
| Day | Time | Buy | Sell |
|---|---|---|---|
| Mon | 22:00 | -0.1151% | -0.0603% |
| Tue | 22:00 | -0.1151% | -0.0603% |
| Wed | 22:00 | -0.1151% | -0.0603% |
| Thu | 22:00 | -0.1151% | -0.0603% |
| Fri | 22:00 | -0.1151% | -0.0603% |
| Sat | 22:00 | -0.1151% | -0.0603% |
| Sun | 22:00 | -0.1151% | -0.0603% |
FAQ
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, used for trading fees, staking, and powering the BNB Smart Chain.
BNB reacts to Binance trading volumes, token burns, regulatory news, and activity on the BNB Chain for DeFi and gaming apps.
On IQ Option, find BNB in the crypto list and trade through CFDs to take advantage of both up- and down-moves.
BNB remains one of the strongest utility tokens but carries exchange-related regulatory risks that traders should monitor closely.
Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) offer comparable smart-contract ecosystems.