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Convert and Swap BNB BNB to Thai Baht THB

BNB/THB: 1 BNB equals THB 21,746.42 THB

BNB (BNB) is not tradable on Coinbase.

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Last update: 12:29 PM, November 10, 2024

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BNB is climbing this week.

The current price of BNB is THB 21,746.42 per BNB. With a circulating supply of 144,099,406.375 BNB, it means that BNB has a total market cap of THB 3,133,646,514,704.80. The amount of BNB traded has fallen by THB 6,664,639,451.11 in the last 24 hours, which is a 7.81% decrease. Additionally, in the last day, THB 85,296,412,417.08 worth of BNB has been traded.

THB 3.1T
THB 85.3B
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 Thai Baht differ

BNB and Thai Baht (THB) are two distinct forms of currency, each with its own unique characteristics. BNB, or Binance Coin, is a digital asset that operates on the Binance blockchain, a decentralized network that uses a consensus mechanism known as Proof of Staked Authority (PoSA). This mechanism selects validators, who create new blocks, based on their stake in BNB. BNB also employs a coin burn mechanism, periodically removing tokens from circulation to maintain its value and encourage its use within the Binance ecosystem. It serves multiple purposes, including paying for transaction fees, participating in token sales, staking for selected validators, and voting on various proposals. On the other hand, the Thai Baht (THB) is the official currency of Thailand, regulated by the Bank of Thailand. Unlike BNB, it is a physical currency, used for traditional transactions and does not operate on a blockchain. It does not have a coin burn mechanism and its value is influenced by factors such as inflation, interest rates, and the country's economic performance. While BNB aims to facilitate cross-chain transfers and be used in decentralized applications, the Thai Baht is primarily used for everyday transactions within Thailand.

BNB to Thai Baht conversion tables

The exchange rate of BNB is increasing.

The current value of 1 BNB is THB 21,746.42 THB. In other words, to buy 5 BNB, it would cost you THB 108,732.11 THB. Inversely, THB 1.00 THB would allow you to trade for 0.000046 BNB while THB 50.00 THB would convert to 0.002299 BNB, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 15.03%. Meanwhile, in the last 24 hours, the rate has changed by 1.85%, which means that the the highest exchange rate of 1 BNB to Thai Baht was THB 22,033.60 THB and the lowest 24 hour value was 1 BNB for THB 20,928.37 THB. This time last month, the value of 1 BNB was THB 18,887.04 THB, which is a 14.04% decrease from where it is now. Looking back a year, BNB has changed by THB 9,034.15 THB.

BNB to THB performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
THB 21,333.24 THB
1.85%
THB 18,911.24 THB
15.03%
THB 18,887.04 THB
14.04%
THB 9,034.15 THB
148.64%

BNB to THB

Amount
Today at 12:29 pm
0.5 BNB
THB 10,873.21
1 BNB
THB 21,746.42
5 BNB
THB 108,732.11
10 BNB
THB 217,464.22
50 BNB
THB 1,087,321.10
100 BNB
THB 2,174,642.21
500 BNB
THB 10,873,211.05
1,000 BNB
THB 21,746,422.10

THB to BNB

Amount
Today at 12:29 pm
0.5 THB
0.000023 BNB
1 THB
0.000046 BNB
5 THB
0.000230 BNB
10 THB
0.000460 BNB
50 THB
0.0023 BNB
100 THB
0.0046 BNB
500 THB
0.0230 BNB
1,000 THB
0.0460 BNB

Today vs. 24 hours ago

Amount
Today at 12:29 pm
24 hours ago
24H Change
0.5 BNB
THB 10,873.21
THB 10,671.93
+1.89%
1 BNB
THB 21,746.42
THB 21,343.87
+1.89%
5 BNB
THB 108,732.11
THB 106,719.33
+1.89%
10 BNB
THB 217,464.22
THB 213,438.66
+1.89%
50 BNB
THB 1,087,321.10
THB 1,067,193.31
+1.89%
100 BNB
THB 2,174,642.21
THB 2,134,386.61
+1.89%
500 BNB
THB 10,873,211.05
THB 10,671,933.07
+1.89%
1,000 BNB
THB 21,746,422.10
THB 21,343,866.14
+1.89%

Today vs. 1 month ago

Amount
Today at 12:29 pm
1 months ago
1M Change
0.5 BNB
THB 10,873.21
THB 9,649.83
+12.68%
1 BNB
THB 21,746.42
THB 19,299.66
+12.68%
5 BNB
THB 108,732.11
THB 96,498.31
+12.68%
10 BNB
THB 217,464.22
THB 192,996.61
+12.68%
50 BNB
THB 1,087,321.10
THB 964,983.06
+12.68%
100 BNB
THB 2,174,642.21
THB 1,929,966.11
+12.68%
500 BNB
THB 10,873,211.05
THB 9,649,830.56
+12.68%
1,000 BNB
THB 21,746,422.10
THB 19,299,661.11
+12.68%

Today vs. 1 year ago

Amount
Today at 12:29 pm
1 year ago
1Y Change
0.5 BNB
THB 10,873.21
THB 4,299.72
+152.88%
1 BNB
THB 21,746.42
THB 8,599.43
+152.88%
5 BNB
THB 108,732.11
THB 42,997.17
+152.88%
10 BNB
THB 217,464.22
THB 85,994.35
+152.88%
50 BNB
THB 1,087,321.10
THB 429,971.74
+152.88%
100 BNB
THB 2,174,642.21
THB 859,943.48
+152.88%
500 BNB
THB 10,873,211.05
THB 4,299,717.42
+152.88%
1,000 BNB
THB 21,746,422.10
THB 8,599,434.84
+152.88%

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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.