A Quick Overview of BNB
Currency Origin: BNB was launched in 2017 via the Binance platform, which is one of the largest cryptocurrency exchanges in the world.
Primary Use: Initially, the purpose of BNB was to provide discounts on trading fees within the Binance platform. Over time, its uses have expanded significantly.
Network: The BNB currency has two main networks:
BNB Beacon Chain (formerly Binance Chain): for fast transactions.
BNB Smart Chain (BSC): supports smart contracts and decentralized applications (dApps), and is quite similar to the Ethereum network in terms of functionality.