BNB/INR: Convert BNB (BNB) to Indian Rupee (INR)

1 BNB equals ₹48,347.22 Indian Rupee

BNB (BNB) is not tradable on Coinbase.

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Last update: 5:36 AM, June 28, 2024

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Overview

About BNB (BNB)

Binance Coin is a cryptocurrency used to pay fees on the Binance cryptocurrency exchange. Fees paid in Binance Coin on the exchange receive a discount.

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BNB, or Binance Coin, is a cryptocurrency that was launched in July 2017 by Binance, the world's largest cryptocurrency exchange by trading volume. BNB is an integral part of the Binance ecosystem, which includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet, and various research projects. These sub-projects utilize blockchain technology to bring new-age finance to the world. BNB was initially an ERC-20 token on the Ethereum blockchain, but later migrated to its own blockchain, secured by the Tendermint byzantine-fault-tolerant (BFT) consensus mechanism. BNB is used to pay transaction fees on the Binance platform, participate in token sales, and more.

BNB operates on the Binance blockchain, which uses a consensus mechanism known as Proof of Staked Authority (PoSA). This mechanism combines elements of Proof of Authority (PoA) and Delegated Proof of Stake (DPoS) to secure the network. Validators, who are responsible for creating new blocks, are chosen based on their stake in BNB. BNB also employs a coin burn mechanism, where a portion of the tokens are periodically removed from circulation to create a deflationary effect. This is done to sustain the value of BNB and incentivize its use within the Binance ecosystem. BNB also facilitates cross-chain transfers, allowing the same token to circulate on both the Binance Chain and Binance Smart Chain.

BNB serves multiple use cases within the Binance ecosystem. It is used to pay for transaction fees on the Binance platform, participate in token sales on the Binance launchpad, and stake for selected Binance Smart Chain validators. BNB also enables users to participate in the governance of the Binance Smart Chain, allowing them to vote on various proposals. Additionally, BNB can be used in decentralized applications (dApps) built on the Binance Smart Chain. It is also used in the Binance Academy, Trust Wallet, and various research projects, all of which are part of the Binance ecosystem.

BNB was launched in July 2017 by Binance, the world's largest cryptocurrency exchange by trading volume. The coin was initially an ERC-20 token on the Ethereum blockchain, but later migrated to its own blockchain, the Binance Chain. The founder and CEO of Binance is Changpeng Zhao, who has been actively involved with blockchain technology and cryptocurrencies since 2013. He Yi, a former TV anchor and presenter, is a co-founder and chief marketing officer at Binance. BNB has seen significant price increases since its launch, attracting increased investor interest. The coin has also undergone several upgrades to make it more deflationary, including the implementation of BEP-95, which lowered gas fees on the Binance Smart Chain.

How BNB (BNB) and Indian Rupee (INR) differ

BNB, or Binance Coin, and the Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics. BNB is a digital asset, a cryptocurrency, that operates on the Binance blockchain, utilizing a consensus mechanism known as Proof of Staked Authority (PoSA). It serves multiple roles within the Binance ecosystem, including paying for transaction fees, participating in token sales, and staking for selected validators. BNB also facilitates cross-chain transfers and is used in decentralized applications (dApps) built on the Binance Smart Chain. On the other hand, the Indian Rupee is a traditional, physical currency issued and regulated by the Reserve Bank of India. It is used for all types of transactions within India and can be physically held and spent. Unlike BNB, which employs a coin burn mechanism to create a deflationary effect, the supply of INR can be controlled by the central bank through monetary policy. Furthermore, while BNB allows users to participate in the governance of the Binance Smart Chain, the governance and regulation of INR are solely in the hands of the Reserve Bank of India.

BNB Markets

BNB is falling this week.

The current price of BNB is ₹48,347.22 per BNB. With a circulating supply of 147,583,348.78 BNB, it means that BNB has a total market cap of ₹7,134,675,018,539.55. The amount of BNB traded has risen by ₹14,571,524,822.31 in the last 24 hours, which is a 10.40% increase. Additionally, in the last day, ₹140,134,982,269.69 worth of BNB has been traded.

Market cap

$7.1T

Volume (24h)

$140.1B

Circulating supply

147.6M BNB

See all metrics

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FAQ

How much is 1 BNB in INR?

Right now, 1 BNB is worth about ₹48,347.22.

How much BNB could I buy for 1 INR?

Based on the current rate, you could get 0.000021 BNB for 1 INR.

How much has the price of BNB changed?

BNB price has been on the rise. Since yesterday, the exchange rate of BNB has increased. Since last month, the exchange rate of BNB has decreased. Since this time last year, the price of BNB has increased.

How do I calculate or convert BNB to INR?

You can use our BNB to INR calculator at the top of this page to convert any amount of BNB to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.000103 BNB. Inversely, 5 BNB will cost about 241,736.11249 INR.

How can I buy 1 BNB on Coinbase?

BNB is not currently available through Coinbase, but you can sign up to get the latest news on BNB and be notified when it is available.

What are assets similar to BNB that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to BNB, including Bitcoin, Ethereum, and Tether. For a more robust list of assets to explore, jump to the asset page dedicated to BNB.

Conversion tables

The exchange rate of BNB is decreasing.

The current value of 1 BNB is ₹48,347.22 INR. In other words, to buy 5 BNB, it would cost you ₹241,736.11 INR. Inversely, ₹1.00 INR would allow you to trade for 0.000021 BNB while ₹50.00 INR would convert to 0.001034 BNB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 1.11%. Meanwhile, in the last 24 hours, the rate has changed by 1.44%, which means that the the highest exchange rate of 1 BNB to Indian Rupee was 584.3499670126191 INR and the lowest 24 hour value was 1 BNB for 566.4297655467932 INR. This time last month, the value of 1 BNB was ₹49,927.87 INR, which is a 3.17% increase from where it is now. Looking back a year, BNB has changed by -₹29,095.81 INR.

BNB to INR

Amount	Today at 5:36 am
0.5 BNB	₹24,173.61
1 BNB	₹48,347.22
5 BNB	₹241,736.11
10 BNB	₹483,472.22
50 BNB	₹2,417,361.12
100 BNB	₹4,834,722.25
500 BNB	₹24,173,611.25
1,000 BNB	₹48,347,222.50

INR to BNB

Amount	Today at 5:36 am
0.5 INR	0.000010 BNB
1 INR	0.000021 BNB
5 INR	0.000103 BNB
10 INR	0.000207 BNB
50 INR	0.0010 BNB
100 INR	0.0021 BNB
500 INR	0.0103 BNB
1,000 INR	0.0207 BNB

Today vs. 24 hours ago

Amount	Today at 5:36 am	24 hours ago	24H Change
0.5 BNB	₹24,173.61	₹23,831.44	+1.44%
1 BNB	₹48,347.22	₹47,662.88	+1.44%
5 BNB	₹241,736.11	₹238,314.42	+1.44%
10 BNB	₹483,472.22	₹476,628.84	+1.44%
50 BNB	₹2,417,361.12	₹2,383,144.22	+1.44%
100 BNB	₹4,834,722.25	₹4,766,288.43	+1.44%
500 BNB	₹24,173,611.25	₹23,831,442.16	+1.44%
1,000 BNB	₹48,347,222.50	₹47,662,884.32	+1.44%

Today vs. 1 month ago

Amount	Today at 5:36 am	1 months ago	1M Change
0.5 BNB	₹24,173.61	₹24,963.93	-3.17%
1 BNB	₹48,347.22	₹49,927.87	-3.17%
5 BNB	₹241,736.11	₹249,639.33	-3.17%
10 BNB	₹483,472.22	₹499,278.67	-3.17%
50 BNB	₹2,417,361.12	₹2,496,393.33	-3.17%
100 BNB	₹4,834,722.25	₹4,992,786.67	-3.17%
500 BNB	₹24,173,611.25	₹24,963,933.33	-3.17%
1,000 BNB	₹48,347,222.50	₹49,927,866.66	-3.17%

Today vs. 1 year ago

Amount	Today at 5:36 am	1 year ago	1Y Change
0.5 BNB	₹24,173.61	₹9,625.71	+151.14%
1 BNB	₹48,347.22	₹19,251.42	+151.14%
5 BNB	₹241,736.11	₹96,257.09	+151.14%
10 BNB	₹483,472.22	₹192,514.17	+151.14%
50 BNB	₹2,417,361.12	₹962,570.87	+151.14%
100 BNB	₹4,834,722.25	₹1,925,141.75	+151.14%
500 BNB	₹24,173,611.25	₹9,625,708.74	+151.14%
1,000 BNB	₹48,347,222.50	₹19,251,417.47	+151.14%

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