Binance coin is a cryptocurrency with a utility function. It can be used to pay for fees on the Binance exchange, and it will also be used on the Binance DEX (decentralized exchange). Binance coin has a limited supply of 200 million, and it will never be increased. The Binance coin price is currently $15.

52, and its market capitalization is $2.62 billion. Binance coin is ranked as the seventh largest cryptocurrency by market capitalization.

Binance coin was created to raise funds for the development of the Binance exchange. The ICO (initial coin offering) of Binance coin was held in July 2017, and it raised $15 million.

The total supply of Binance coin is owned by the Binance team and investors. The team has committed to using 20% of its profits each quarter to buy back and destroy Binance coins, in order to reduce the circulating supply and increase the value of the remaining coins.

The value of Binance coin has increased significantly since its launch. In January 2018, one Binance coin was worth around $0.11.

In June 2019, one Binance coin was worth around $32. This increase in value can be attributed to the success of the Binance exchange, which has become the largest cryptocurrency exchange by trading volume.

The future prospects for Binance coin look promising. The launch of the Binance DEX will increase the utility of Binance coin, as it will be used to pay for fees on the decentralized exchange.

The continued success of the Binance exchange is likely to lead to further increases in the value of Binance coin.

The current price of one Binance coin is $15.52.

However, this is only a small fraction of its potential price in the future. As the utility of Binance coin increases and the demand for it grows, we expect its price to continue to rise over time.