https://forexbullion.com/tags/binance/Recent content in Binance on ForexBullion - Market News, Analysis & Live RatesHugoen-usForexBullion.com. All rights reserved.Sun, 01 Mar 2026 00:00:00 +0000https://forexbullion.com/crypto/bnb/Sun, 01 Mar 2026 00:00:00 +0000https://forexbullion.com/crypto/bnb/<h2 id="about-bnb-bnbusd">About BNB (BNB/USD)</h2> <p>BNB (originally Binance Coin) is the native cryptocurrency of the BNB Chain ecosystem and the exchange token of Binance, the world&rsquo;s largest cryptocurrency exchange by trading volume. Initially launched in 2017 as an ERC-20 token on Ethereum to fund Binance&rsquo;s exchange development, BNB migrated to its own blockchain (Binance Chain, later rebranded to BNB Chain) in 2019. BNB serves multiple functions: it provides trading fee discounts on the Binance exchange, powers the BNB Chain smart contract platform for DeFi and dApps, and is used for transaction fees within the BNB ecosystem. The token has a deflationary mechanism through quarterly &ldquo;coin burns&rdquo; based on Binance&rsquo;s trading volume, plus real-time burning through the BNB Chain&rsquo;s Auto-Burn protocol, systematically reducing the circulating supply toward a target of 100 million BNB.</p>