About BNB (BNB)
BNB is Binance's native exchange token. BNB is used to pay trading fees on Binance (at a discount), power the BNB Chain, and participate in Binance Launchpad token sales.
BNB Trade Details
How to Calculate BNB Profit
Net P&L = (Sell Price − Buy Price) × Coins Held − Total Fees. ROI = (Net Profit ÷ Cost Basis) × 100. Fees are applied to both the buy and sell side, so your break-even price is always slightly above your entry price.
BNB Break-even Price
Break-even = Buy Price × (1 + fee%) ÷ (1 − fee%). For a 0.1% fee rate, a BNB trade purchased at $280 breaks even at a sell price of approximately $280.561.
Tax Considerations
In the U.S., BNB profits are taxable. Held under 1 year = short-term capital gains (ordinary income rates up to 37%). Held over 1 year = long-term rates (0%, 15%, or 20%). Use our Crypto Tax Calculator for a full breakdown.