#FollowTheLeadTrader BNB (Binance Coin) Overview
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest cryptocurrency exchanges. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance’s own blockchain, Binance Chain, and Binance Smart Chain (now BNB Chain).
BNB was originally created as a utility token to provide trading fee discounts on Binance. Over time,