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Coin list | BNB
BNB BNB

BNB is the native token of Binance, launched in 2017. Initially on Ethereum (ERC-20), it later migrated to Binance’s own blockchain (BNB Beacon Chain & BNB Smart Chain). It is mainly used for trading fees, dApps, and the Binance ecosystem.

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Currency BNB

  • Full Name: Binance Coin (BNB)

  • Launch Year: July 2017

  • Creator: Binance Exchange (founded by Changpeng Zhao – CZ)

  • Blockchain Hosting:

    • Initially launched as an ERC-20 token on Ethereum.

    • Migrated in 2019 to Binance’s own blockchain:

      • BNB Beacon Chain (token management and transfers)

      • BNB Smart Chain (BSC) (supports smart contracts and dApps).

  • Key Features:

    • Used to pay trading fees on Binance with discounts.

    • Supports smart contracts and decentralized applications.

    • Enables participation in DeFi, NFTs, and other blockchain projects.

    • Originated from an Initial Coin Offering (ICO) in 2017.

  • Use Cases:

    • Trading fee payments on Binance.

    • Investment and value storage within Binance ecosystem.

    • DeFi and NFT projects on BNB Smart Chain.

    • Participation in Binance Launchpad for new projects.

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