Binance Coinbnb

Binance Coin (BNB) was issued as an ICO in 2017 running natively on the Ethereum blockchain following the ERC20 token standard. Per the BNB whitepaper, the token was created with a total supply of 200 million. Using ongoing profits, Binance plans to buyback and burn BNB until half of the available total (100 million) is removed from the overall supply. BNB has multiple forms of utility including paying for trading fees on the Binance exchange as well as being used for purchases within various apps and platforms across the web.

  1. Overview
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  1. Binance Coin Updates