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 $17,30 with a 24-hour trading volume of $249,750,914
|Development status:||Working product|
|Proof type:||Not mineable|
|Circulating supply:||155 536 713 BNB|
|Total supply:||179 883 949 BNB|
|Max supply:||200 000 000 BNB|