$BNB # Binance Coin or BNB is a native cryptocurrency of the Binance cryptocurrency exchange platform that was created on the Ethereum blockchain using the ERC20 standard. Its primary goal is to support exchange operations while providing convenience and affordability to traders and cryptocurrency enthusiasts..

What is the BNB cryptocurrency project?$BNB

Binance Coin or BNB is a native cryptocurrency of the Binance cryptocurrency exchange platform that was created on the Ethereum blockchain using the ERC20 standard. Its primary goal is to support exchange operations while providing convenience and affordability to traders and cryptocurrency enthusiasts..

Binance has issued a maximum of 200 million BNB. The coin was launched in July 2017, through an Initial Coin Offering (ICO) that allocated 20 million BNB to angel investors, 80 million to project contributors, and the remaining 100 million to various people who participated in the ICO. The funds raised through the sale of BNB were used to develop the Binance platform, branding, and marketing. A percentage of the investment was also spent on adding necessary upgrades to the Binance cryptocurrency exchange.$ETH BNB was created to empower the Binance cryptocurrency exchange and enhance its operations to create a sustainable ecosystem.The currency can be used for a variety of purposes including paying fees.