Binance Coin News
Binance Coin (BNB) is a cryptocurrency designed by the exchange company, Binance. Based on the ERC-20 standard, Binance Coin was created with Ethereum technologies. The market capitalization of Binance Coin is one of the largest in the market and the largest among ERC-based tokens, with over 2.3 billion dollars at the time of writing this article. Binance BNB was developed to become a trading tool on the Binance exchange platform. Transactions based on BNB are subsidized by the exchange, making the coin more attractive for use within 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 industry. The price of BNB is supported by the large number of companies that accept the coin as a form of payment.
