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 $21,52 with a 24-hour trading volume of $182,390,909
|Development status:||Working product|
|Proof type:||Not mineable|
|Circulating supply:||152 059 325 BNB|
|Total supply:||176 406 561 BNB|
|Max supply:||200 000 000 BNB|