Cryptocurrency Q&A What was BNB originally used as?

What was BNB originally used as?

NebulaSoul NebulaSoul Mon May 13 2024 | 7 answers 1734
Could you please explain to me the original purpose of BNB? I'm quite curious about its genesis in the cryptosphere. Was it primarily designed as a utility token, or did it serve a different function initially? I'd appreciate a concise yet informative overview of its early usage and significance within the crypto finance industry. What was BNB originally used as?

7 answers

Raffaele Raffaele Tue May 14 2024
BTCC is a cryptocurrency exchange headquartered in the UK.

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Elena Elena Tue May 14 2024
BNB originated as an ERC-20 token on the Ethereum platform.

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Giulia Giulia Tue May 14 2024
It offers a comprehensive suite of services, including spot trading.

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GangnamGlamourQueen GangnamGlamourQueen Tue May 14 2024
Subsequently, it migrated to the main BNB Chain.

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CryptoGuru CryptoGuru Tue May 14 2024
Initially, the total supply of BNB was fixed at 200 million coins.

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