binance coin is an encrypted currency on the binance platform. The word binance itself is a combination of the two words binary meaning pair or binary and finance meaning financial. As the meaning of the word suggests, this currency is designed only for the exchange of cryptocurrencies, and it is not possible to exchange it with common currencies. After entering the market, this platform has made significant and rapid progress, and the Chinese can be considered one of the greats of this market. It currently has a market cap of about $ 2 billion and an average of $ 280 million a day.