BNB
BNB price in INR.
₹65,456 up 0.05%
What is BNB?
The token of the BNB Chain ecosystem, originally launched by Binance. It pays fees on BNB Smart Chain and is used for discounts on Binance.
What it’s used for
- Paying fees on BNB Smart Chain (BEP-20)
- Trading-fee discounts on Binance
Key risks
- Closely tied to one company
- Price volatility
How Indians usually buy BNB
- Pick an exchange registered with FIU-IND. Compare exchanges.
- Complete KYC with your PAN and Aadhaar.
- Add rupees by bank transfer or UPI, where the exchange supports it.
- Buy BNB, then decide whether to keep it on the exchange or move it to a wallet you control.
Indefi doesn’t recommend buying any coin. Only invest what you can afford to lose.
BNB and Indian tax
Taxed like any other VDA: 30% plus cess on gains, 1% TDS on sales. Calculate your tax.