Binance Coin (BNB) is a cryptocurrency that can be used to trade on the Binance cryptocurrency exchange and pay fees. As of January 2018, the Binance Exchange was the world's largest cryptocurrency exchange, processing over 1.4 million transactions per second.
As an incentive, Binance Coin users receive a discount on transaction fees on the Binance Exchange. BNB can also be exchanged or traded for other cryptocurrencies like Bitcoin, Ethereum, Litecoin, and others.
Binance Coin debuted in July 2017 on the Ethereum blockchain with the token ERC-20 before becoming the native currency of Binance's own blockchain, the Binance Chain.
Binance Coin (BNB) price equal to $676.00 USD at 2021-03-05 here’s a price prediction on Binance Coin (BNB)
Furthermore, By the end of 2021 we believe the price of Binance (BNB) will be around $1921.56 - $2422.73 USD.
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