What is BNB?
BNB is the abbreviation for Binance coin and is the official cryptocurrency of Binance Chain. On April 24, 2019, Binance officially completed the Binance Chain Mainnet and began supporting BNB running on the Binance platform. BNB possesses many outstanding advantages such as:
Pay for all types of transactions right on Binance's bitcoin trading platform.
Use token sales held on Binance Launchpad
The number of vendors accepting BNB as a means of payment is increasing
BNB is intended to be used to support Binance's inaugural decentralized exchange
The issuance price of BNB coin is 1 ETH for 2,700 BNB, or 1 BTC for 20,000 BNB and up to now, the growth rate of BNB has been clearly demonstrated year by year.
Information base about BNB coin
Code: BNB
Blockchain: Binance Chain
Consensus: Gentle mint
Algorithm: Delegated Byzantine Fault Tolerance (dBFT)
Token type: Native token
Block time: 1 second
Initial supply: 200,000,000 BNB
Total supply: 185,474,825 BNB
Circulating supply: 153,474,825 BNB
