Binance Coin

Binance Coin (BNB)

$654.61 -3.47%

What is Binance Coin?

Binance is a combination of the words binary and finance. With Binance Coin (BNB) users on the Binance Exchange can receive a discount on trading fees by paying with the BNB token. Since their ICO, a number of new exchanges have adopted the ICO model to secure capital, issuing their own tokens. Binance raised 15 million dollars in a July 2017 Initial Coin Offering for its ERC20 BNB token. CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai. The other founder, Yi He, previously worked at OKCoin. Discover the latest news and information about Binance (BNB).

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