What can you do with BNB?

Learn more about BNB

1. How does BNB work?

   Unlike traditional currencies, BNB is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining BNB. This decentralization means the holders and users of BNB can help to maintain the network.

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2. Where can I buy BNB?

   Most find that the easiest and most secure way to purchase BNB is through a reliable cryptocurrency platform like Kraken. While BNB can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like BNB.

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3. How much does 1 BNB cost?

   At the current market rate, it costs €561.51 to purchase one BNB. Kraken makes it easy to buy & sell BNB with confidence.

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4. Can I buy $100 worth of BNB?

   Yes, Kraken offers a secure and easy to buy $100 worth of BNB. At its current price, $100 equals 0.18 BNB.

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5. Is it safe to buy BNB?

   Kraken employs advanced security measures, including encryption and account protection, to ensure your BNB purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your BNB investment. You should do your own research on BNB price before buying.

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6. Is BNB available to buy and sell in my country?
   

   
   To find out if Kraken offers BNB in your region, please check our Support article to see what cryptoassets are available in your country.
   

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7. Is BNB a good investment?

   The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, BNB may be a worthwhile purchase.

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8. Can I purchase BNB using my local currency?
   

   Kraken supports six different government-issued fiat currencies including:
   

   • US dollars (USD)
   • Euros (EUR)
   • Canadian dollars (CAD)
   • Pounds sterling (GBP)
   • Swiss franc (CHF)
   • Australian dollar (AUD)

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9. How much is BNB transaction fee?

   Kraken offers competitive fees for BNB transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

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10. What is the minimum amount of BNB I can buy?

    
    You can buy as little as $10 worth of BNB on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of BNB regularly.
    

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11. How to buy BNB with PayPal?

    To buy BNB with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like BNB, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase BNB.

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12. How to buy BNB with a debit card?

    You can buy BNB using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

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13. How to buy BNB with a credit card?

    To buy BNB using a credit card, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

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14. How to buy BNB with other cryptocurrencies?

    Kraken makes it easy to buy BNB using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for BNB. Browse the BNB markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

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15. Can I transfer BNB from Kraken to my crypto wallet?

    Yes, the BNB you buy on Kraken is yours. Kraken makes it easy to withdraw your BNB to any hot wallet or cold wallet that supports BNB. Simply enter the external wallet address and your BNB will be in your wallet a few moments later.

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16. Is it safe to keep BNB on Kraken?

    We take every measure possible to keep the BNB you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your BNB. Learn more about our globally-recognized security standards.

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17. What is the current circulating supply of BNB?

    The current circulating supply of BNB is 145,882,815 BNB.

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