What is Binance Coin (BNB)

Binance Coin (BNB) is a cryptocurrency created by Binance, which powers the BNB Blockchain Ecosystem [BNB Chain and Binance Smart Chain (BSC BEP-20)] that can be traded and serves as the utility token for a wide range of applications. BNB is considered a 'gas token' that fuels transactions on the BNB Chain and is the main liquidity pair for EverGrow. This arrangement lets EverGrow benefits from the value and stability of the Binance Chain Ecosystem.