(Binance Coin) are tokens created with the aim of attracting capital for the expansion and development of the Binance exchange. For the large Binance exchange, which has very high security and processing speed, the creation of a dedicated BNB cryptocurrency has improved the position of this exchange.
The Binance Coin exchange created its own blockchain and trading coins in 2019, and Binance Coin was migrated from the Ethereum blockchain to its own blockchain as an ERC-20-based Ethereum-based token.
What is Binance Coin digital currency?
Binance Coin (BNB) digital currency is known as a digital currency based on the Binance blockchain chain and as a native and exclusive digital currency of the Binance exchange.
This altcoin was launched using the blockchain and ethereum network, as well as based on the ERC-20 standard, and follows the law governing the ethereum blockchain.
This digital currency makes the Binance Coin exchange benefit from the stability and safety of the Ethereum and Blockchain networks.
