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Binance Coin (BNB) was created by the cryptocurrency exchange Binance. Here are some key points in the history of Binance Coin:

1. Creation: Binance Coin was launched through an initial coin offering (ICO) in July 2017, with the goal of providing users with a utility token that could be used to pay for trading fees on the Binance exchange and participate in various Binance ecosystem projects.

2. Use Cases: Initially, BNB was primarily used to pay for trading fees on the Binance platform at a discounted rate. Over time, Binance has expanded the use cases for BNB, including offering token sales on the Binance Launchpad, facilitating payments in various applications, and supporting the Binance Smart Chain ecosystem.

3. Token Burn: Binance regularly conducts "token burns," where a portion of BNB tokens are permanently removed from circulation. This is intended to reduce the overall supply of BNB and potentially increase its value over time.

4. Market Performance: BNB's price has experienced significant fluctuations since its launch, reflecting both market trends and developments within the Binance ecosystem. The price of BNB reached all-time highs in 2021.

5. Expansion: Binance has continued to expand its ecosystem and integrate BNB into various products and services, including decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and more.

6. Regulatory Developments: Like other cryptocurrencies, BNB has been impacted by regulatory developments in different jurisdictions. Binance has worked to comply with regulations while expanding its global presence.

Binance Coin's history is closely tied to the growth and evolution of the Binance exchange and its ecosystem. As with any cryptocurrency, it's important for users and investors to stay informed about market developments and regulatory changes that may affect BNB.