Explore the mix of my investment portfolio. Follow me to see how I invest! The BNB coin is the cryptocurrency of the Binance platform, which is one of the largest cryptocurrency trading platforms in the world. BNB was initially launched as a token on the Ethereum network (ERC-20) in 2017, but it was later converted to the Binance Smart Chain (BSC) that was launched in 2020.

The BNB coin is used for many purposes within the Binance platform, such as:

Trading fee discounts: Binance users can pay trading fees using BNB to benefit from discounts.

Investment and storage: It can be used in various projects and activities related to decentralized finance (DeFi) on the BSC network.

Participation in initial coin offerings (IEO): It can be used to participate in initial coin offerings conducted through the Binance platform.