Binance Coin

Binance Coin (BNB) is a digital asset created by the Binance cryptocurrency exchange in 2017. Initially launched as an ERC-20 token on Ethereum, BNB later migrated to Binance's own blockchain, Binance Chain. It is used to pay trading fees on the exchange, participate in token sales, and serve as a medium of exchange within the Binance ecosystem. BNB also plays a key role in decentralized finance applications and blockchain-based services.



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