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📄 Article:
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What is BNB? A simplified explanation of Binance's official token
BNB is one of the most popular cryptocurrencies in the market and is considered the cornerstone of the Binance platform, the largest cryptocurrency exchange in the world.
In this article, we will explain what BNB is, how it works, and where its importance lies.
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🔹 What is BNB?
BNB stands for Binance Coin, launched in 2017 by the Binance platform as a means to pay fees within the platform.
But over time, it has evolved from being just a "discount token" to becoming part of an integrated system (Ecosystem).
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🔹 Basic Information about BNB
Feature Value
Launch July 2017
Current Price (varies by market)
Maximum Supply 200 million BNB
Circulating Supply ~ 150 million BNB (approximately
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Blockchain BNB Chain (formerly B