5/17/2023 0 Comments Buy us coins![]() ![]() The coin has a limited supply of 200 million, and Binance conducts quarterly burns of BNB as a deflationary measure. BNB does not, however, provide users with a share of Binance’s profits, represent an investment in Binance, or provide any compensation.Īll transactions on Binance Smart Chain and Binance Chain are payable in either BEP-20 or BEP-2 BNB. ![]() First minted in July 2017 on Ethereum, BNB is a utility token that allows holders to pay discounted fees for trading on Binance’s exchange. BNB is the native token of Binance Smart Chain and Binance Chain.
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