Binance Coin – BNB Coin

What is BNB Coin? BEP-20 vs. ERC-20

Binance Coin, also called BNB, was founded in 2017 by Changpeng Zhao and Roger Wan and is the native coin of the Binance blockchain. It was initially based on the Ethereum blockchain until 2019 when Binance launched their own blockchain. Similarly to how Ether functions on Ethereum, BNB is used for all operations on Binance. BNB can be used to pay discounted trading fees on the Binance Exchange or to spend regularly like other cryptocurrencies. Watch our video to learn all about this digital asset.

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