BNB to USDC conversion chart
Binance Coin to USD Coin correlation
BNB and USDC are not correlated to each other as BNB’s value depends on the supply and demand. Whereas, USDC is a stable coin which is backed by traditional fiats like the dollar and the euro. USDC’s value remains the same, which is $1 regardless of the market conditions. Hence, BNB and USDC do not share a strong relationship.
BNB Price Change and Market Cap
Currently, BNB price is 592.69 USDC. According to the BNB price chart, the 24-hour change is 5.23%. The total market capitalization of BNB is $1443402 with 1462937.99 BNB in circulation. In the previous 24 hours, BNB price hit highs of 609.49 USDC and lows of 591.89 USDC.
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 USDC exchange margin
The closing conversion rate for BNB to USDC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 BNB to USDC would result in an output of 592.69 USDC.
How to convert Binance Coin to USD Coin
Binance Coin and USD Coin 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.
USD Coin was developed by the consortium of Circle and Coinbase. USDC is a stablecoin issued on the Ethereum network. USD coin is backed by the US Dollar to maintain the price of the token at $1. Monthly audits of the collateral are published to ensure transparency.
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 USD Coin price details
BNB to USDC Conversion Rate and Price
Currently, the conversion rate for 1 BNB equals to 592.69 USDC. The 24-hour highest price of Binance Coin in relation to USDC was 609.49 USDC and the lowest was 591.89 USDC. In short, BNB price in relation to USDC changed by 5.23%.
Instantly Exchange BNB to USDC
On ChangeHero you can instantly exchange Binance Coin to USD Coin without registrations. You can easily convert BNB to USDC in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your BNB to USDC exchange.
BNB to USDC Best Rate Exchange
In the the Best Rate exchange of Binance Coin to USD Coin, we search through various exchanges for the BNB to USDC pair and find the best rate available in the market. We provide you with an estimation of the amount of USDC 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 USDC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of BNB to USDC.
BNB to USDC Fixed Rate Conversion
In the the Fixed Rate exchange of Binance Coin to USD Coin, ChangeHero finds a good rate for the pair BNB to USDC and fix the rate for up to 15 minutes. In the Best Rate exchange of BNB to USDC, you will receive the exact amount of USDC 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 specified USDC address. ChangeHero is the best place to exchange BNB to USDC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert BNB to USDC?
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 USDC?
No, you do not require an account to swap BNB to USDC on ChangeHero. There will be no registrations for your Binance Coin to USD Coin transaction.
Do I need to go through KYC procedures for BNB to USDC exchange?
There will be no KYC for the BNB to BTC 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 USDC to BNB?
Yes, you can instantly exchange USDC to BNB on ChangeHero.
Buy and sell Binance Coin
Are you looking to buy Binance Coin? Now, on ChangeHero you can buy Binance Coin with credit or debit card. Also, you can see your cryptocurrency on ChangeHero to US Dollars and Euro. Give it a try.
