Binance Coin (BNB) is a symbolic delivered by one of the world's largest transactions, Binance, in August 2017. While Binance leads one consumption per quarter, there are 200 million tokens in total, depending on the exchange volumes at its establishment. The officials stated that they plan to inevitably consume half of all BNB tokens and reduce the total number of tokens to 100 million. Binance, which currently owns Binance Chain and DEX (decentralized trading), said the BNB token will then take on a critical function for the Binance biological system.
Similar to the example of trading tokens, BNB bonds precisely with the rules and highlights of the trade, similar to the ICO launchpad and Binance DEX. BNB is a base pair for some well-known tokens and offers customers limits for fees defined by tier. In 2019, there was a great deal of interest for the exhibition as Binance continually dispatched new governments licensing the use of the BNB token. (that's it :)