It is an exchanging token only for cryptographic forms of money. The name "Binance" is a blend of binary and finance.
It's an utility token with the usage on the Binance exchange (reduced fees on exchange with usage of BNB).
Binance Coin (BNB) is a cryptocurrency token issued on the Ethereum platform. Binance Coin (BNB) price for today is $39,65 with a 24-hour trading volume of $391,490,393
Coin type: | token |
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Open source: | No |
Development status: | Working product |
Hardware wallet: | Yes |
Proof type: | Not mineable |
Org structure: | Centralized |
Hash algorithm: | None |
Circulating supply: | 146 186 416 BNB |
Total supply: | 170 533 652 BNB |
Max supply: | 200 000 000 BNB |