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Topic: Beginner's Guide to Binance and Binance Coin? (Read 108 times)

mk4
legendary
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Paldo.io 🤖
Just to add: If I understood it correctly, BNB tokens(currently ERC20) will be shifted in to it's own native blockchain; and will be used in a decentralized exchange Binance is currently making(or planning on making, not sure).
jr. member
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Binance has quickly become the #1 exchange in the world, with a daily traded volume of over 6 billion dollars. It’s amazing to think that, as a platform, it was launched about six months ago.

Binance, as many exchanges, also has its own coin called Binance Coin (BNB); it is mostly used to pay for fees, but can be traded as any other cryptocurrency. Furthermore, currently,  it is actually among the top 30 cryptocurrencies by market cap.

Read the full Guide:
https://www.tokens24.com/cryptopedia/trading/what-is-binance-binance-coin
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