BNB to ETH conversion chart
Binance Coin to Ethereum correlation
According to the correlation analysis BNB and ETH have a strong relationship with each other and correlated. Whenever there is a change in the price of BNB then ETH also tends to follow the same pattern and move together.
BNB Price Change and Market Cap
Currently, BNB price is 0.2175 ETH. According to the BNB price chart, the 24-hour change is -6.45%. The total market capitalization of BNB is $2435 with 2361.91 BNB in circulation. In the previous 24 hours, BNB price hit highs of 0.2262 ETH and lows of 0.2048 ETH.
Binance Coin Price Prediction
Binance Coin has grown significantly since its creation and became one of the most valuable cryptocurrencies on the market. Binance coin price reached its all-time high of $39.57 on June 22, 2019. The first half of 2020 has been volatile for Binance Coin. At the start of January, Binance Coin price was $13.80 and it continued to grow till mid-February to $25. When the COVID-19 pandemic struck the whole market, Binance Coin price dropped to single digits in March. Despite the fall, BNB price picked up a steady pace in the second quarter of the same year and closed in June at around $15.
Binance coin price predictions are mostly on the brighter side. Experts predict that Binance Coin price will sky-rocket in the long run and by 2025 BNB price will be around $50. We even heard crypto analysts hinting that in the same period, BNB will be crossing the hundred dollar mark. For sure, it’s too early to predict the Binance Coin price for 2030 but we expect that it would reach new heights if Binance continues the same pace in terms of the developments and acquisitions.
Binance Coin Wallets
Confused about which wallet to get?
We got you covered! Pick from Trezor, CoolWallet S or Exodus. In all of these wallets, you can store Binance Coin, monitor live BNB prices. The differentiating factor is you can instantly exchange Binance Coin with ChangeHero right inside your wallet application.
BNB to ETH exchange margin
Considering today’s exchange rate, a transaction of 1 BNB to ETH would result in an output of 0.2175 ETH.
How to convert Binance Coin to Ethereum
Binance Coin and Ethereum comparison
Binance Coin (BNB) is the native cryptocurrency of the exchange Binance. BNB was issued through an ICO in 2017 as an ERC-20 token and later migrated to the Binance Chain. BNB is a utility token and can be used to pay the trading fee on Binance, avail discounts, pay in Binance DEX and is also accepted at select merchants.
Ethereum is a decentralized blockchain network proposed by Vitalik Buterin in the year 2014. Ethereum gave the much-needed breakthrough for the blockchain industry with the introduction of smart contracts and development of DApps. Ethereum laid the foundation for the second generation of the blockchain which opened many opportunities rather than sticking to the transaction of money. BNB Chain used to be extremely similar in terms of code to Ethereum but over time evolved into a fully-fledged alternative platform.
What is Binance Coin?
Binance Coin is a cryptocurrency native to the popular exchange Binance. Initially, it was launched on the Ethereum Network as an ERC-20 Token. The token drew the attention of the investors well and collected $15 million in its ICO held in July 2017. Later, in 2019, Binance Coin was migrated to the Binance Chain which was developed to support the Binance DEX (Decentralized Exchange).
BNB is the trading ticker for the Binance Coin. Tendermint is used as a consensus mechanism and the block size is capped at 1MB in the Binance Chain. To keep the value of the BNB intact, Binance conducts quarterly burns until the supply of Binance Coin reaches 100 million. Binance Coin is a utility token which is mainly used to pay fees on the Binance exchange at a discount and also fuels the reward system. Besides, BNB powers smart contracts on the Binance Chain. BNB is also widely accepted by merchants online as a means of payment.
Binance Coin to Ethereum price details
BNB to ETH Conversion Rate and Price
Currently, the conversion rate for 1 BNB equals to 0.2175 ETH. The 24-hour highest price of Binance Coin in relation to ETH was 0.2262 ETH and the lowest was 0.2048 ETH. In short, BNB price in relation to ETH changed by -6.45%.
Instantly Exchange BNB to ETH
On ChangeHero you can instantly exchange Binance Coin to Ethereum without signup. You can easily convert BNB to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BNB to ETH exchange.
BNB to ETH Best Rate Exchange
In the the Best Rate exchange of Binance Coin to Ethereum, we search through various exchanges for the BNB to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH you will receive.
As soon as you accept the terms and the BNB is deposited, the exchange will be automatically processed. We remind you that the final amount of ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BNB to ETH.
BNB to ETH Fixed Rate Conversion
In the the Fixed Rate exchange of Binance Coin to Ethereum, ChangeHero finds a good rate for the pair BNB to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of BNB to ETH, you will receive the exact amount of ETH which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned ETH address. ChangeHero is the best place to exchange BNB to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BNB to ETH?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange BNB to ETH?
No, you do not require an account to swap BNB to ETH on ChangeHero. There will be no registrations for your Binance Coin to Ethereum transaction.
Do I need to go through KYC procedures for BNB to ETH exchange?
There will be no KYC for the BNB to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ETH to BNB?
Yes, you can instantly exchange ETH to BNB on ChangeHero.
