$BNB Binance Coin (BNB) is a cryptocurrency designed by the cryptocurrency exchange of the same name. Based on the ERC-20 standard, Binance Coin was established with Ethereum technology. The market value of Binance Coin is one of the largest in the market and the largest among ERC-based tokens, with over 1.3 billion dollars at the time of writing this article. BNB was developed to become a trading tool on Binance. Transactions based on BNB are subsidized by the exchange, making the currency more attractive for use on it. Due to Binance's high trading volume and its effective strategy regarding the new asset, Binance Coin quickly became an important part of the sector. The price of BNB is supported by the large number of companies that accept the currency as a form of payment.