Binance Coin ( $BNB ) has emerged as a significant player in the cryptocurrency world. Its journey from inception to its current status as a major digital asset has been marked by innovation, growth, and widespread adoption. Let’s delve into the history of BNB and explore why it has become so popular.
Early Days and Purpose
Binance Coin was introduced in 2017 as the native token of the Binance exchange, one of the largest and most widely used cryptocurrency exchanges globally. Initially, BNB served primarily as a means to pay trading fees on the Binance platform.