I am trying to understand if BNB, the token issued by Binance, operates on the
Ethereum network. I want to know if BNB is compatible with or can be used on the ETH blockchain.
5
answers
CryptoNinja
Fri Feb 21 2025
Binance initially launched its asset in the form of an ERC20 token, which operated within the
Ethereum network.
Silvia
Fri Feb 21 2025
Recognizing the potential for growth and development, the Binance team embarked on an upgrade process for their asset.
EchoWave
Fri Feb 21 2025
This upgrade led to the creation of Binance's own mainnet blockchain versions, marking a significant milestone in the exchange's journey.
charlotte_wilson_coder
Thu Feb 20 2025
With the introduction of the mainnet versions, Binance users were given the opportunity to swap their old ERC20 BNB tokens for the newer, more advanced mainnet tokens.
Rosalia
Thu Feb 20 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services tailored to meet the diverse needs of its users. These services include spot trading, futures trading, and wallet management, among others.