Binance Coin (BNB)
Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, one of the largest crypto trading platforms globally. Launched in 2017, BNB was initially used to pay trading fees at discounted rates on Binance. Over time, its utility has expanded to include payments, token sales, and DeFi applications within the Binance ecosystem. BNB operates on the BNB Chain, offering fast transactions and low fees. The token undergoes quarterly burns to reduce supply and increase scarcity. As Binance grows, BNB remains integral to its ecosystem, attracting both traders and developers interested in scalable blockchain solutions.
Ethereum (ETH)
Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). Created in 2015 by Vitalik Buterin and others, Ethereum introduced programmability to blockchain technology, allowing developers to build a wide range of applications. ETH, the native token, is used to pay for transactions and computational services on the network. With its transition to Ethereum 2.0, the platform now uses a proof-of-stake consensus, making it more energy-efficient. Ethereum remains a leader in Web3 innovation, hosting NFTs, DeFi, and metaverse projects, and continues to evolve as a foundational layer of the decentralized internet.
