Binance Coin set a new record in relation to Bitcoin

Binance Coin (BNB), the native token of Binance, the largest cryptocurrency exchange in terms of trading volumes, set a new historical record in relation to Bitcoin on Friday, March 1, rising to 1705 UTC at 0.00299880 BTC. In relation to the US dollar, Binance Coin rose today to $ 11.61.

In general, over the past day, BNB has risen in price by more than 11%, and the capitalization of the coin at the time of publication was $ 1.6 billion. According to this indicator, BNB bypassed Tron (TRX) today and, rising to 9th place in the CoinMarketCap rating, close approached the eighth line of Stellar.

Recall the previous BNB record of this kind was set on February 11 , when its price against Bitcoin rose to 0.0026880 BTC. The historical record in relation to USD was recorded on January 12, 2018, when the weighted average rate of the coin reached $ 24.91.

A new round of growth for BNB occurred shortly after Binance announced the launch of a contest for traders who want to test the capabilities of its new decentralized trading platform. The prize fund of the tournament is 10,000 BNB.

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