2018-12-20 11:00 |
Binance Coin (BNB) is the namesake cryptocurrency underlying the world’s largest virtual currency exchange desk, Binance. It was launched in July 2017 as an ERC20 token based on the Ethereum blockchain, raising $15 million for Binance in its initial coin offering (ICO).
The cryptocurrency industry is (in-)famous for making and breaking fortunes in a jiffy. But even in this volatile environment, Binance has managed to stand out. Founded in July 2017, it was already the world’s largest cryptocurrency exchange desk (by trading volume) as of April 2018; taking less than ten months to get there. This stark rise made BNB — which is…
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