History of BNB coin....
Binance Coin (BNB) was created by Binance, one of the world's largest cryptocurrency exchanges, as an ERC-20 token on the Ethereum blockchain in 2017. The initial purpose of BNB was to facilitate discounted trading fees on the Binance platform. Over time, Binance transitioned BNB to its own blockchain, Binance Chain, launching the Binance Coin as the native cryptocurrency on this network.
BNB has since evolved into a versatile utility token. It's used for various purposes within the Binance ecosystem, including trading fee discounts, participation in token sales on Binance Launchpad, and payment for goods and services. BNB's history is characterized by its integration into diverse blockchain projects, the development of decentralized finance (DeFi) applications, and Binance Smart Chain's emergence, offering a platform for smart contracts and decentralized applications (DApps). The continuous growth of Binance and its ecosystem has contributed to the expansion and significance of BNB in the cryptocurrency space.