BNB (BNB) Price, Info & Live Chart

• BNB description

Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency exchanges in the world. Launched in 2017, BNB was initially created as a utility token to facilitate trading fee discounts on the Binance platform. Over time, its use cases have expanded, including token sales, transaction fees, and accessing various features within the Binance ecosystem. BNB operates on the Binance Chain and Binance Smart Chain, enabling fast and low-cost transactions. With its growing adoption, BNB has become a key component of the decentralized finance (DeFi) ecosystem, powering decentralized exchanges (DEXs), lending protocols, and other decentralized applications (DApps). BNB holders also benefit from periodic token burns, where a portion of BNB is permanently removed from circulation, potentially increasing its scarcity and value over time. As Binance continues to innovate and expand its services, BNB remains at the forefront, driving efficiency and utility within the crypto space.

• Summary

• Symbol: BNB


• Website: Official Website
• Source Code: Coin Source Code
• Explorer: Coin Explorer