How Does Binance Coin Work?

Like other digital assets

available on the market, the

value of BNB changes as

people use and trade it.

BNB can be kept in suitable

wallets purchased from

cryptocurrency exchanges

and delivered straight to

others for payment or other

uses. But there is a whole

working initiative behind this

process.

Binance's layer-1 blockchain

is merged to form the BNB

Chain, previously the Binance

Smart Chain and the Binance

Chain.

Binance designed the

blockchain for best

performance when it comes

to trading on-chain when

building the BNB chain, and

Binance DEX, Binance's

decentralized exchange

(DEX), is based on this newly

developed chain.

Furthermore, BNB chain

transactions are powered by

the BNB gas token, which

stands for "Build and

Build" (previously known as

Binance Coin). #FollowForUpdates #BinanceWish #BNB-0.53%