The history of crypto #BNB is closely linked to Binance, one of the largest cryptocurrency and trading exchange platforms in the world.
Everything began in 2017 when Changpeng Zhao decided to create Binance, making it a comprehensive exchange platform. Initially, it was a platform dedicated to standard exchanges allowing users to buy and sell cryptocurrencies. However, the Binance team decided to add value to their platform by bringing innovation for their users. Thus, Binance Coin, abbreviated as BNB, was born.
#BNB born, goals are outlined and multiplied. Used as a means of payment for transaction fees by users on the platform, they benefited from significant discounts due to this service. Rewards were put in place to reward the best users. Thus, BNB holders received rewards through these loyalty programs and access to exclusive features on the platform.
Over time, BNB became popular and began to attract interest from some investors and cryptocurrency enthusiasts. BNB transitioned to the Ethereum blockchain and became a fully-fledged cryptocurrency.
Then, Binance decided some time later to create its own blockchain with the aim of migrating BNB to this latter. This brought it other innovations and cheaper transaction fees.
