$BNB Coin History.

BNB, originally known as Binance Coin, was launched in July 2017 by the cryptocurrency exchange Binance as an ERC-20 token on the Ethereum blockchain. Initially, its primary function was to offer reduced trading fees on the Binance platform. In 2019, BNB was migrated to the Binance Chain, becoming its native coin, and later evolved to support the BNB Smart Chain (now BNB Chain) alongside the original Binance Chain. BNB's history is marked by its role as a utility token within the Binance ecosystem, facilitating various activities like trading fee payments and participation in Initial Exchange Offerings (IEOs).