About Binance Coin
The Binance Coin, or BNB, is the native cryptocurrency token for Binance - the hugely popular cryptocurrency exchange founded by Changpeng Zhao (or CZ as he is commonly known) in early 2017. The name "Binance" is a combination of binary and finance. As of 2019, many businesses accept BNB as a form of payment. The main uses of Binance Coin are tied to the Binance exchange, including discounted trading fees, with additions over the years including futures trading and deposits in the exchange in return for interest.