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Convert and Swap BNB BNB to Australian Dollar AUD

BNB/AUD: 1 BNB equals A$968.33 AUD

BNB (BNB) is not tradable on Coinbase.

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Last update: 1:52 PM, November 10, 2024

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BNB is climbing this week.

The current price of BNB is A$968.33 per BNB. With a circulating supply of 144,099,400.69 BNB, it means that BNB has a total market cap of A$139,537,723,745.05. The amount of BNB traded has fallen by A$239,299,749.81 in the last 24 hours, which is a 6.20% decrease. Additionally, in the last day, A$3,859,104,593.21 worth of BNB has been traded.

A$139.5B
A$3.9B
144.1M BNB
See more stats

About 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.

Resources

Whitepaper
Official website

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 and Australian Dollar differ

BNB, or Binance Coin, and the Australian Dollar (AUD) are two distinct forms of currency, each with their unique characteristics. BNB is a digital asset, a cryptocurrency, that operates on the Binance blockchain, a decentralized network that 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. 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. On the other hand, the AUD is a traditional fiat currency, issued and regulated by the Reserve Bank of Australia. Unlike BNB, the AUD does not operate on a blockchain, nor does it use a consensus mechanism. Its value is influenced by factors such as inflation, interest rates, and the economic health of Australia. While BNB serves multiple use cases within the Binance ecosystem, including paying for transaction fees, participating in token sales, and staking for selected validators, the AUD is used for everyday transactions in Australia and can be physically held and spent.

BNB to Australian Dollar conversion tables

The exchange rate of BNB is increasing.

The current value of 1 BNB is A$968.33 AUD. In other words, to buy 5 BNB, it would cost you A$4,841.64 AUD. Inversely, A$1.00 AUD would allow you to trade for 0.0010 BNB while A$50.00 AUD would convert to 0.0516 BNB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 14.74%. Meanwhile, in the last 24 hours, the rate has changed by 2.16%, which means that the the highest exchange rate of 1 BNB to Australian Dollar was A$977.66 AUD and the lowest 24 hour value was 1 BNB for A$928.85 AUD. This time last month, the value of 1 BNB was A$838.18 AUD, which is a 14.04% decrease from where it is now. Looking back a year, BNB has changed by A$394.73 AUD.

BNB to AUD performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
A$949.13 AUD
2.16%
A$844.43 AUD
14.74%
A$838.18 AUD
14.04%
A$394.73 AUD
148.64%

BNB to AUD

Amount
Today at 1:52 pm
0.5 BNB
A$484.16
1 BNB
A$968.33
5 BNB
A$4,841.64
10 BNB
A$9,683.28
50 BNB
A$48,416.39
100 BNB
A$96,832.79
500 BNB
A$484,163.95
1,000 BNB
A$968,327.89

AUD to BNB

Amount
Today at 1:52 pm
0.5 AUD
0.000516 BNB
1 AUD
0.0010 BNB
5 AUD
0.0052 BNB
10 AUD
0.0103 BNB
50 AUD
0.0516 BNB
100 AUD
0.10 BNB
500 AUD
0.52 BNB
1,000 AUD
1.03 BNB

Today vs. 24 hours ago

Amount
Today at 1:52 pm
24 hours ago
24H Change
0.5 BNB
A$484.16
A$474.02
+2.14%
1 BNB
A$968.33
A$948.04
+2.14%
5 BNB
A$4,841.64
A$4,740.19
+2.14%
10 BNB
A$9,683.28
A$9,480.39
+2.14%
50 BNB
A$48,416.39
A$47,401.95
+2.14%
100 BNB
A$96,832.79
A$94,803.89
+2.14%
500 BNB
A$484,163.95
A$474,019.45
+2.14%
1,000 BNB
A$968,327.89
A$948,038.90
+2.14%

Today vs. 1 month ago

Amount
Today at 1:52 pm
1 months ago
1M Change
0.5 BNB
A$484.16
A$428.13
+13.09%
1 BNB
A$968.33
A$856.26
+13.09%
5 BNB
A$4,841.64
A$4,281.28
+13.09%
10 BNB
A$9,683.28
A$8,562.56
+13.09%
50 BNB
A$48,416.39
A$42,812.81
+13.09%
100 BNB
A$96,832.79
A$85,625.62
+13.09%
500 BNB
A$484,163.95
A$428,128.08
+13.09%
1,000 BNB
A$968,327.89
A$856,256.17
+13.09%

Today vs. 1 year ago

Amount
Today at 1:52 pm
1 year ago
1Y Change
0.5 BNB
A$484.16
A$190.76
+153.80%
1 BNB
A$968.33
A$381.53
+153.80%
5 BNB
A$4,841.64
A$1,907.63
+153.80%
10 BNB
A$9,683.28
A$3,815.26
+153.80%
50 BNB
A$48,416.39
A$19,076.29
+153.80%
100 BNB
A$96,832.79
A$38,152.58
+153.80%
500 BNB
A$484,163.95
A$190,762.91
+153.80%
1,000 BNB
A$968,327.89
A$381,525.82
+153.80%

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This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.