Binance Coin Mainnet (BNB) Crypto Exchange
Instantly exchange Binance Coin Mainnet at the best BNB exchange rate on ChangeNOW. Free of limits, accounts, and worries. Spend your time and energy on what matters — we’ll handle the rest.
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What Is Binance Coin?
Binance Coin was launched in 2017 with an ICO that sold 100 million BNB (50% of the total supply). It started as an ERC-20 token (based on the Ethereum blockchain), but soon switched to a custom network called Binance Chain. The total number of BNB is constantly decreasing due to regular burn events.
This coin is primarily used for paying trading fees on the Binance Exchange platform. You can also use it to take part in token sales on the Binance Launchpad. Still, the token has its market-determined value, and many vendors or exchanges like ChangeNOW accept BNB as a viable asset.
During the initial coin offering, 50% of all BNB tokens were sold; 40% went to the Binance team, and 10% — to angel investors. Today, Binance Coin can be used to participate in other ICOs via the Binance Launchpad program.