BNB (Binance Coin) is a popular cryptocurrency launched in 2017.
It was created by Binance, one of the largest crypto exchanges in the world.
BNB was first introduced as an ERC-20 token on the Ethereum blockchain.
Later, it was moved to Binance’s own blockchain.
BNB is mainly used to pay trading fees at a discounted rate.
It can also be used for transaction fees and online payments.
BNB supports smart contracts on Binance Smart Chain (BSC).
Many people invest in BNB as a digital asset.
Its supply is limited, and Binance regularly burns tokens...
Token burning means permanently removing coins from circulation..