Cryptocurrency Q&A
What does BNB mean?
What does BNB mean?
CryptoMystic
Thu Nov 28 2024
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7 answers
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I've encountered the term BNB recently and I'm not sure what it stands for. I've seen it in the context of cryptocurrencies and blockchain technology, but I need clarification on its specific meaning.
7 answers
isabella_oliver_musician
Sat Nov 30 2024
Firstly, they can be utilized as a deduction for trading fees on the platform.
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CryptoLodestar
Sat Nov 30 2024
Secondly, BNB can be used as a miner fee for transactions on the Binance Smart Chain.
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SamuraiCourageous
Sat Nov 30 2024
Zhao Changpeng, the founder, introduced BNB from June 26 to July 3, 2011.
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Giulia
Sat Nov 30 2024
BNB represents the tokens of the Binance Platform.
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Raffaele
Sat Nov 30 2024
These tokens serve dual purposes.
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