Buy, Sell, & Trade BNB
Exchange BNB with USD and Cryptocurrency
Converting BNB to USD has never been easier thanks to the cryptocurrency exchange service offered by Rubix. Choosing Rubix as a BNB exchange platform means users benefit from the most cutting-edge, secure means of cryptocurrency exchange.
What is Binance Coin (BNB)?
Binance Coin, often abbreviated to BNB, is a cryptocurrency that is used solely to trade on the Binance cryptocurrency exchange. It has existed since 2017 and was compatible with the Ethereum blockchain before eventually being integrated into the Binance Chain.
As of 2020, cryptocurrency has been used as a decentralized alternative to traditional fiat currencies (which are usually backed by some central government) such as the US dollar (USD). Meanwhile, cryptocurrency technology, including smart contracts and blockchain, has been used for a number of other purposes such as apps, cloud computing, and more.
As of September 2017, there were over 1,100 cryptocurrencies and the total market capitalization of all cryptocurrencies reached an all-time high surpassing $60 billion! Then, by December 2017, the total market cap reached $600 billion (a multiple of 10 in only two months).
Although the future is uncertain, cryptocurrency is proving itself to be more than just a fad. Today cryptocurrency is shaping up to be a growing market that (despite the pros and cons) is likely here for the long haul.
Who created BNB?
The first decentralized digital cryptocurrency can arguably be traced back to “bit gold” (not to be confused with Bitgold), which was worked on by Nick Szabo between 1998 and 2005 but was never implemented.
Although bit gold is widely considered the first precursor to bitcoin, cryptocurrency pioneer David Chaum’s company DigiCash (a company founded in 1989 which attempted to innovate digital currency), Wei Dai’s b-money (a conceptual system published in 1998 which Satoshi cites it in the Bitcoin white paper), and “e-gold” (a centralized digital currency that started in 1996) are all notable early mentions.
How do I exchange and Trade BNB
Users can convert their crypto token to USD by finding an exchange that deals both currencies and selling your crypto currency. Depending on the current exchange rate, fees and spreads that the exchange charges, users will withdraw a corresponding amount of USD. In fact, it fundamentally works the same way as any other currency conversion option. Rubix employs the latest safety measures and has a proven track record for fair, efficient transactions.
Exchange BNB using Rubix
Whether you have dollars, BTC, or any other cryptocurrency supported by Rubix, Rubix lets you exchange your digital crypto assets or fiat currency for BNB. It’s digital asset management made easy. Rubix allows you to pay for products, send funds, and make bets with friends—all while knowing your funds are safe. Keep your BNB secure with Rubix. Access the Rubix platform from any web browser or device and start your BNB trading and exchange journey!