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Binance Coin
Binance Coin (BNB) is the cryptocurrency used within the ecosystem of the platform of the same name. Binance Coin gives users of the Binance platform access to a variety of features and benefits, including lower transaction fees.
Binance Coin operates on the Ethereum blockchain and has 200 million Binance Coins in circulation. Each quarter, Binance uses 20% of its profits to buy back and destroy BNB until there are only 100 million BNB left in circulation.
Want to trade in cryptocurrency? You can find the current value of BNB and the Binance Coin exchange rate here at Anonymswap.