BNB is a digital currency that can be used for trading and paying fees on the Binance trading platform for cryptocurrencies. BNB is also the digital currency that powers the BNB chain ecosystem. As one of the most popular and widely used utility tokens in the world, BNB is beneficial for users in a wide range of applications and use cases.

The BNB coin was launched through an initial coin offering (ICO) that took place from June 26 to July 3, 2017, which was 11 days before trading began on the Binance trading platform. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through the ICO, it does not grant users the right to claim profits from Binance nor does it represent an investment in it.

In light of the availability of multiple applications within the BNB chain ecosystem and beyond, BNB serves many purposes. It was initially launched as an ERC-20 token on the Ethereum blockchain, but the BNB coin has since migrated to the BNB mainnet. Despite the initial total supply being capped at 200 million coins, it has gradually decreased due to regular coin burns. The Binance platform displays the current price of BNB and updates it in real-time.#BinancelaunchpoolHuma $BNB