Binance Coin (BNB-USD)
Binance Coin (BNB) is a cryptocurrency issued by Binance, one of the largest cryptocurrency exchanges in the world. It is used as a medium of exchange on the Binance platform and can be used to pay for transaction fees and other services on the platform. BNB has a strong presence in the cryptocurrency market and has a number of partnerships and integrations with other companies and platforms.
Share Price Chart
The chart shows the growth of $10,000 invested in Binance Coin in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $1,656,831 for a total return of roughly 16,468.31%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: BNB-USD vs. ETH-USD, BNB-USD vs. PBND, BNB-USD vs. BTC-USD, BNB-USD vs. ^GSPC, BNB-USD vs. TLT, BNB-USD vs. GOLD, BNB-USD vs. SWPPX
Binance Coin had a return of 33.89% year-to-date (YTD) and -18.42% in the last 12 months. Over the past 10 years, Binance Coin had an annualized return of 92.90%, outperforming the S&P 500 benchmark which had an annualized return of 5.60%.
|5 years (annualized)||58.46%||6.00%|
|10 years (annualized)||92.90%||5.60%|
Monthly Returns Heatmap
The Drawdowns chart displays portfolio losses from any high point along the way.
The table below shows the maximum drawdowns of the Binance Coin. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the Binance Coin is 80.10%, recorded on Dec 7, 2018. It took 133 trading sessions for the portfolio to recover.
|-80.1%||Jan 7, 2018||335||Dec 7, 2018||133||Apr 19, 2019||468|
|-75.82%||Jun 22, 2019||269||Mar 16, 2020||288||Dec 29, 2020||557|
|-70.84%||May 4, 2021||411||Jun 18, 2022||—||—||—|
|-36.99%||Feb 20, 2021||9||Feb 28, 2021||32||Apr 1, 2021||41|
|-25.14%||Dec 20, 2017||3||Dec 22, 2017||3||Dec 25, 2017||6|
|-24.71%||Apr 21, 2019||19||May 9, 2019||6||May 15, 2019||25|
|-24.13%||Nov 10, 2017||8||Nov 17, 2017||13||Nov 30, 2017||21|
|-22.42%||Dec 28, 2017||3||Dec 30, 2017||6||Jan 5, 2018||9|
|-19.66%||Apr 13, 2021||6||Apr 18, 2021||11||Apr 29, 2021||17|
|-16.18%||May 26, 2019||10||Jun 4, 2019||9||Jun 13, 2019||19|
Current Binance Coin volatility is 52.33%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.