$BNB Binance Coin is a cryptocurrency issued by the Binance exchange and trades under the symbol BNB. Binance Exchange is one of the largest trading platforms in the world with a volume of $7.6 billion at the time of writing this article.

●       Binance Coin is a cryptocurrency issued by the Binance exchange that trades under the symbol BNB.

●       BNB initially relied on the Ethereum network, but is now the native coin of Binance's own blockchain, the Binance Chain.

●       Binance spends 1/5 of its profits each quarter to buy back and permanently destroy, or "burn," the Binance coins held in its treasury.