What was the value of Binance Coin when it first came out?
Dustin at FoxWiseNov 24, 2021 · 3 years ago3 answers
Can you tell me the initial value of Binance Coin when it was first launched? I'm curious to know how much it was worth at the beginning.
3 answers
- Nov 24, 2021 · 3 years agoWhen Binance Coin (BNB) was first introduced, its initial value was around $0.10. This was back in July 2017 when Binance, one of the leading cryptocurrency exchanges, launched its native token. Since then, BNB has experienced significant growth and has become one of the top cryptocurrencies in the market.
- Nov 24, 2021 · 3 years agoThe value of Binance Coin when it first came out was approximately $0.10. This initial price was set during the initial coin offering (ICO) of Binance, where investors had the opportunity to purchase BNB tokens. It's worth noting that the value of BNB has fluctuated over time, reaching its all-time high of over $600 in May 2021.
- Nov 24, 2021 · 3 years agoBinance Coin (BNB) had an initial value of around $0.10 when it was first released. It was created as the native cryptocurrency of the Binance exchange, which has gained a lot of popularity in the crypto community. BNB has since seen significant growth and has been used for various purposes within the Binance ecosystem, including trading fee discounts and participation in token sales on the Binance Launchpad.
Related Tags
Hot Questions
- 97
How can I protect my digital assets from hackers?
- 50
How does cryptocurrency affect my tax return?
- 49
What are the best practices for reporting cryptocurrency on my taxes?
- 45
Are there any special tax rules for crypto investors?
- 45
What are the best digital currencies to invest in right now?
- 44
How can I buy Bitcoin with a credit card?
- 35
What is the future of blockchain technology?
- 20
What are the tax implications of using cryptocurrency?