The cryptocurrency market continues to evolve, and Binance Coin (BNB) remains one of the most widely traded digital assets globally. For Canadian investors and crypto enthusiasts, understanding the BNB to CAD exchange rate is essential for making informed trading and investment decisions. In this comprehensive guide, we’ll explore the current BNB price in Canadian dollars, market trends, conversion values, and key metrics that matter.
Whether you're planning to convert BNB to CAD or simply tracking price movements, this resource delivers up-to-date insights with clarity and precision—optimized for both beginners and experienced traders.
Current BNB to CAD Price Overview
As of the latest update, 1 BNB equals 896.86 CAD, reflecting a slight dip of -0.33% over the past 24 hours. Despite this minor decline, BNB has shown resilience with a +1.72% gain over the past week, indicating positive momentum in the short term.
However, over the last 30 days, BNB has experienced a downward trend, decreasing by -2.47%. This suggests some market consolidation as investors assess broader economic factors and crypto market sentiment.
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BNB/CAD Market Statistics
Understanding key market data helps traders evaluate BNB’s performance and potential:
- 24-hour low: 890.33 CAD
- 24-hour high: 903.66 CAD
- All-time high: 1,109.43 CAD
- All-time low: 0.0497 CAD
- Market cap: $130.68 billion
- Circulating supply: 145.89 million BNB
- Maximum supply: 200 million BNB
BNB operates on a deflationary model, where Binance periodically burns tokens to reduce supply—a mechanism designed to increase scarcity and long-term value. With nearly 73% of the total supply already in circulation, each quarterly burn event can have a measurable impact on price dynamics.
Why BNB Matters in Today’s Crypto Economy
BNB was originally created as a utility token for discounted trading fees on the Binance exchange. Over time, it has evolved into a multi-functional asset powering various aspects of the Binance ecosystem, including:
- Paying for transaction fees across blockchains
- Participating in token sales via Binance Launchpad
- Booking travel and services through partnered platforms
- Staking and earning passive income
- Fueling decentralized applications (dApps) on BNB Chain
This utility-driven demand supports its valuation and makes BNB to CAD conversions particularly relevant for active users in Canada.
BNB to CAD Conversion Table
Use this quick-reference table to estimate how much Canadian dollars you can receive when exchanging BNB—or vice versa.
Convert BNB to CAD
| BNB | CAD Equivalent |
|---|---|
| 1 BNB | 896.86 CAD |
| 5 BNB | 4,484.30 CAD |
| 10 BNB | 8,968.59 CAD |
| 20 BNB | 17,937.18 CAD |
| 50 BNB | 44,842.96 CAD |
| 100 BNB | 89,685.92 CAD |
| 1,000 BNB | 896,859.19 CAD |
Convert CAD to BNB
| CAD | BNB Equivalent |
|---|---|
| 1,000 CAD | ~1.12 BNB |
| 5,000 CAD | ~5.57 BNB |
| 10,000 CAD | ~11.15 BNB |
| 25,000 CAD | ~27.87 BNB |
| 50,000 CAD | ~55.75 BNB |
| 100,000 CAD | ~111.50 BNB |
These values are updated in real time based on live exchange rates and may vary slightly depending on the platform used.
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Frequently Asked Questions (FAQ)
What is the current price of BNB in CAD?
As of today, 1 BNB is valued at approximately 896.86 Canadian dollars. This rate fluctuates constantly due to market activity and global trading volume.
How much has BNB increased or decreased in value over the past day?
Over the last 24 hours, BNB has decreased by -0.33% against the Canadian dollar. While this indicates a small pullback, it remains within normal volatility ranges for major cryptocurrencies.
What is the circulating supply of BNB?
The current circulating supply of BNB is 145.89 million tokens, out of a maximum total supply of 200 million. The remaining tokens will be gradually released or burned according to Binance’s tokenomics model.
Is now a good time to exchange BNB for CAD?
Market timing depends on individual goals and risk tolerance. If you're locking in profits after a price rise or reducing exposure during uncertain markets, converting BNB to CAD may be strategic. Always consider technical indicators and macroeconomic trends before trading.
Can I use CAD to buy BNB directly?
Yes, many regulated exchanges allow Canadian users to deposit CAD via bank transfer, Interac e-Transfer, or debit card and directly purchase BNB without intermediate conversions.
How often is the BNB/CAD price updated?
The BNB to CAD exchange rate updates in real time, typically every few seconds on major trading platforms. Live charts and price trackers ensure traders have access to accurate data for decision-making.
Tracking Long-Term Trends: Where Could BNB Go Next?
While short-term fluctuations are common, long-term investors focus on fundamentals. Key drivers influencing future BNB price in CAD include:
- Adoption of BNB Chain by developers and dApp projects
- Regulatory clarity in major markets like Canada and the U.S.
- Continued buyback and burn programs
- Integration with Web3 and metaverse ecosystems
- Global inflation trends and fiat currency strength
Historically, BNB has shown strong growth from its all-time low of just $0.05 CAD equivalent. Even after pulling back from its peak of $1,109.43, it remains one of the top-performing assets in the crypto space.
Final Thoughts: Stay Informed, Trade Smart
Monitoring the BNB to CAD exchange rate isn't just about checking numbers—it's about understanding market context, utility value, and economic signals. Whether you're holding BNB as part of a diversified portfolio or actively trading, having access to reliable data and conversion tools is crucial.
Crypto markets never sleep, but with real-time tracking and informed strategies, Canadian investors can navigate volatility with confidence.
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