What is the BNB token?

BNB is a cryptocurrency token created by Binance back in 2017. It was first issued and launched during an Initial Coin Offering (ICO) as an ERC-20 token on the Ethereum blockchain. However, it was quickly transferred to the main Binance Chain as a BEP-20.

What is BNB coin?

BNB Coin is a cryptocurrency that is used primarily to pay transaction and trading fees on the Binance exchange. What Is the BNB Coin Used For? Beyond the Binance exchange, Binance Coin has several uses, including the ability to: Pay for travel arrangements (on select websites)

How many BNB tokens are there to mine?

Binance Coin has been pre-mined, with 200 million BNB tokens released for usage. After distributing the complete quantity of tokens, the business performed its Initial Coin Offering (ICO) in July of 2017. There are no more coins to mine because all of the tokens have already been distributed.

What is BNB and what is it used for?

BNB - What is BNB and What Is It Used For? What is BNB? BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, not only can you trade BNB like any other cryptocurrency, you can also use BNB in a wide range of applications and use cases.