USD $281.68
stockPerformance 4.225 (1.50%)
Updated: 12 Jan, 2:38 pm UTC
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BNB (Binance) is a cryptocurrency exchange platform founded in 2017 by Changpeng Zhao, Yi He and Roger Wang. It is one of the largest cryptocurrency exchanges in the world, with over 11 million users and a 24-hour trading volume of over $1.7 billion. BNB was initially launched as an ERC-20 token on the Ethereum blockchain. It has since moved to its own blockchain, Binance Chain, which enables users to easily create and trade digital assets.

The platform has seen tremendous growth since its launch, and it now offers users a wide range of features, including margin trading, futures trading, and staking. BNB is also used as a fuel for the Binance ecosystem, allowing users to pay for trading fees and other services with the token. BNB has also been integrated into a growing list of third-party services, such as wallets, payment processors, and exchanges. BNB is the native asset of the Binance ecosystem and is used to power the network and to reward users for their participation.