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BNB coin:

BNB is the native cryptocurrency of the Binance ecosystem, originally launched in 2017 during an Initial Coin Offering (ICO). Initially built as an ERC-20 token on Ethereum, it later transitioned to Binance's own blockchain, the Binance Chain. BNB is primarily used for reducing transaction fees on the Binance exchange, participating in token sales, and powering Binance's Smart Chain ecosystem.

Key Features:

Utility: BNB is used for trading fee discounts, staking, payments, and powering smart contracts on Binance Smart Chain.

Burn Mechanism: Binance burns BNB tokens quarterly, reducing supply to increase scarcity and support long-term value.

Market Standing: BNB is one of the top cryptocurrencies by market capitalization.

Founder and Owner: Binance and BNB were created by Changpeng Zhao (CZ), a Chinese-Canadian entrepreneur and CEO of Binance. Before Binance, Zhao worked on other blockchain ventures and served as the CTO of OKCoin. He is recognized as one of the leading figures in the cryptocurrency industry.

For more details about BNB and Changpeng Zhao, you can explore CoinSpeaker or CoinNews.