What is Binance Coin (BNB Coin)? BNB$BNB was launched through an ICO that took place from June 26 to July 3, 2017 – 11 days before the start of trading on the Binance trading platform. The issue price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, it does not title users to claim profits from Binance and does not represt an investmt in Binance. BNB was originally issued as an ERC-20 tok, running on the Ethereum network, with a total invtory of 200 million coins. 100 million BNB toks were offered in the ICO, but the currt total supply is lower due to periodic “burns,” in which Binance destroys a portion of the BNB in ​​its treasury. If you want to know more information about coin burning, and why BNB coins are permantly destroyed, you can see the article titled What is coin burning? Although BNB's ERC-20 toks were initially based on the Ethereum network, they were later swapped for BEP-2 toks at a 1:1 ratio. BEP-2 BNB is the native currcy of the Binance Chain, and the mainnet launch was announced on April 18, 2019. In September 2020, Binance launched the Binance Smart Chain (BSC), a blockchain network that runs in parallel with the Binance Chain. This means that you can now find BNB coin $BNB