BNB was created in 2017 by Binance, one of the largest cryptocurrency exchanges in the world.

The creator of Binance and BNB is

Changpeng Zhao. BNB was originally released as an ERC-20 token based on

Ethereum, but in 2028, Binance created its own blockchain, Binance Chain, and transferred BNB to this platform. BNB was initially used to pay trading fees on the Binance exchange, providing discounts to users. Over time, its use has expanded. BNB is now used in various projects in the Binance ecosystem, such as

Binance Launchpad for launching

new tokens and Binance Smart

Chain for building

decentralized applications and smart contracts. BNB was initially used to pay trading fees on the Binance exchange, providing discounts to users. Over time, its use has expanded. BNB is now used in various projects within the Binance ecosystem, such as

Binance Launchpad for launching

new tokens and Binance Smart

Chain for building decentralized applications and smart contracts. BNB is also used for various purposes within the Binance ecosystem, including participating in token sales and paying for goods and services from partners.

BNB is limited in supply: initially #BNB