BinaryX
$1.78
2.8%(24h)Today
2.8%
30 Days
103.2%
Price Change (24h)
$0.0487
View on TradingView
Price of BinaryX Today
The live price of BinaryX is $1.78 per BNX/USD, +2.81% in the last 24 hours. It has a market cap of $1.16M and $1.53M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. BNX has a circulating supply of 649.98K.
Current price
$1.7824h high
$2.1224h low
$1.3424h
+2.81%7d
+44.78%30d change
+103.16%BNX Market Stats
Rank
#777
By market cap
Market Cap
$1.16M
Estimated from supply
24h Volume
$1.53M
Across 1 exchanges
FDV
$1.16M
If all tokens were issued
Circulating Supply
649.98K BNX
3.1% of max supply issued
Total Supply
649.98K BNX
Max Supply
21M BNX
Listed on
1 exchanges
Website & Community
Website
Categories
BNB Chain Ecosystem
Where to buy BinaryX
BinaryX is available on 1 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Binance | BNXUSDT | $1.53M | Buy BNX on Binance |
We may earn a commission when you sign up through these links. This never affects the prices shown.
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People also ask about BinaryX
What is BinaryX ($BNX)?
BinaryX ($BNX) is the native token of the BinaryX ecosystem, which includes a DAO and various products and games that use $BNX. Originally a decentralized derivatives trading platform, BinaryX shifted focus to GameFi as that sector grew, and now develops blockchain games and offers IGO services to help traditional game developers enter Web3. The platform provides infrastructure, governance, and community support to assist promising gaming projects in scaling and fostering innovation in blockchain gaming.
Who Are the Founders of BinaryX?
The founders of BinaryX remain anonymous, although the project received backing from Binance Labs. In an interview with Binance, the team described themselves as an international group of senior blockchain experts. They claimed to have experience in building both centralized and decentralized exchanges and managing derivative assets exceeding $100 million.
What makes BinaryX Unique?
BinaryX aims to reshape the GameFi industry by focusing on sustainable economic models and enjoyable gaming experiences. The platform has developed popular games on the BNB Chain, including CyberDragon and CyberArena. In September 2022, it launched CyberChess, an auto-battler strategy game inspired by Autochess, marking a shift from play-to-earn to play-and-earn. BinaryX is also becoming an IGO platform, offering solutions to incubate and empower GameFi developers, with its first IGO project already launched.
How Many BinaryX (BNX) Coins Are There in Circulation?
BinaryX does not disclose detailed tokenomics on its website, but public sources indicate a maximum supply of 21 million BNX. Tokens from the genesis mining event receive lock-up dividends, and rewards unlock after mining ends. The distribution includes 33.33% for genesis mining rewards, 26.67% for initial liquidity, 30% for marketing and LP rewards, and 10% for the team. Vesting periods are not specified. At the time of writing, the circulating supply is just over 2 million BNX.
How Is the BinaryX Network Secured?
BNX is a BEP-20 token on the Binance Smart Chain (BSC). It was audited by Certik and received a security score of 83. The team chose BSC for its lower costs, faster confirmations, and higher bandwidth, which are essential for an MMORPG. BSC uses a proof-of-stake consensus mechanism where 21 validators are elected every 24 hours to validate transactions and maintain security, requiring them to stake BNB with Binance.
Where Can You Buy BinaryX (BNX)?
BNX can be purchased on several cryptocurrency exchanges, including Binance, Mandala Exchange, ZT, Gate.io, and CoinW.
What is BinaryX?
BinaryX (BNX) is the native token of the BinaryX ecosystem, which encompasses its DAO and all associated products and games. Originally launched as a decentralized derivatives trading platform, the project shifted its focus toward GameFi and metaverse-related gaming. It has since evolved into a GameFi platform that offers initial game offerings (IGOs) to help traditional Web2 developers integrate into Web3.
The platform provides infrastructure support, governance mechanisms, and community-building resources to assist blockchain gaming projects. BinaryX has developed several games on the BNB Chain, including CyberDragon, CyberArena, and CyberChess, the latter being an auto-battler strategy game introduced in September 2022. The team has also begun operating as an IGO platform, with its first IGO project launched recently.
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BNX is a BEP-20 token on the Binance Smart Chain, with a maximum supply of 21 million tokens. Its distribution includes allocations for genesis mining rewards, liquidity, marketing, and the team. The token has been audited by Certik, and its circulating supply is reported to be just over 2 million tokens. BNX is listed on several exchanges, including Binance, Gate.io, and CoinW. The development team remains anonymous, though they have stated they have international backgrounds and experience in blockchain and exchange development.