What Is Binance Coin (BNB), and How Does It Work?

The largest cryptocurrency exchange by trade volume, Binance, introduced the utility token BNB, formerly known as Binance Coin. It drives the Binance-built BNB Chain, a smart contract blockchain network that serves as the hub for several initiatives. On the Binance exchange, it also performs a number of functions.

BNB's value soared as Binance and its blockchain network gained popularity. Investors who purchased at the beginning of 2021 ended the year with gains of more than 1,200%. This BNB Coin guide will discuss what it does and if it's a wise investment at the moment. Let's get started.

Read more: What Is Binance Coin (BNB), and How Does It Work? | OWNR Wallet