Binance Coin (BNB):
#BNB is the native cryptocurrency of the Binance exchange. BNB was launched in 2017 as an #ERC-20 token on the Ethereum blockchain. It was initially used to pay for trading fees on the Binance platform but has since evolved into a multi-faceted utility token.
BNB has gained popularity due to its various use cases within the Binance ecosystem. It can be used for trading fees, participating in token sales, paying for services, and more. Binance periodically conducts "token burns," where they buy back and destroy a portion of the circulating BNB supply, which can contribute to increasing its value over time.
Starting price of BNB was $0.15.
The loweat price $0.03 recorded in Aug, 2017.
The highest price $691.8 recorded in May, 2021
BNB price may increase in 4 digits in upcoming years. 🚀
