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#BNB $BNB
Binance Coin (BNB) is a cryptocurrency that supports the entire BNB Chain ecosystem and is the native token of the BNB Beacon Chain and BNB Smart Chain, which can be used for payment transactions on the Binance cryptocurrency exchange.
As one of the most popular utility tokens globally, Binance Coin has a rich variety of use cases and extensive applications.
BNB was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017. Eleven days later, the Binance trading platform officially opened for trading.
Its initial issuance price was 1 ETH and 1 BTC for 2,700 BNB and 20,000 BNB, respectively. Although BNB was issued through an ICO, BNB holders are neither shareholders nor investors in Binance.
BNB has a wide range of uses both within and outside the BNB Chain ecosystem. BNB was originally issued as an ERC-20 token on the Ethereum blockchain but has since migrated to the BNB Chain mainnet. The initial total supply of BNB was 200 million coins, which has gradually decreased due to multiple burns. The current price of BNB can be obtained and updated in real-time on Binance.
Binance Coin (BNB) is a cryptocurrency that supports the entire BNB Chain ecosystem and is the native token of the BNB Beacon Chain and BNB Smart Chain, which can be used for payment transactions on the Binance cryptocurrency exchange.
As one of the most popular utility tokens globally, Binance Coin has a rich variety of use cases and extensive applications.
BNB was launched through an Initial Coin Offering (ICO) held from June 26 to July 3, 2017. Eleven days later, the Binance trading platform officially opened for trading.
Its initial issuance price was 1 ETH and 1 BTC for 2,700 BNB and 20,000 BNB, respectively. Although BNB was issued through an ICO, BNB holders are neither shareholders nor investors in Binance.
BNB has a wide range of uses both within and outside the BNB Chain ecosystem. BNB was originally issued as an ERC-20 token on the Ethereum blockchain but has since migrated to the BNB Chain mainnet. The initial total supply of BNB was 200 million coins, which has gradually decreased due to multiple burns. The current price of BNB can be obtained and updated in real-time on Binance.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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