BNB is the crypto of the Binance cryptocurrency exchange platform. The latter is the first, and by far, in terms of volumes of crypto transactions exchanged or number of users.
BNB was launched on July 25, 2017, in an ICO (Initial Coin Offering) conducted by Binance. It was initially launched as an ERC-20 token on the Ethereum blockchain before migrating to its own blockchain, the Binance Chain, in April 2019.
With Binance Coins, you can benefit from certain advantages related to Binance:
- Possibility to stake your BNB
- Ability to participate in the launch of new cryptocurrencies via Binance Launchpad and Binance Launchpool , with a profitability greater than 20% in less than 5 months for me, and this without risk
- Benefits during certain games/operations organized by Binance
- Reduced trading fees beyond certain thresholds
- Etc.
