Cryptocurrency Q&A
Is BNB on Binance Smart Chain?
Is BNB on Binance Smart Chain?
Martino
Thu Dec 12 2024
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6 answers
1151
I'm wondering if BNB, the cryptocurrency associated with Binance, is available or can be used on the Binance Smart Chain. I want to confirm its compatibility and usage on this specific blockchain platform.
6 answers
ZenMind
Sat Dec 14 2024
BNB's journey began as an ERC-20 token, which means it was initially issued on the Ethereum blockchain.
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MysticGlider
Sat Dec 14 2024
The BNB token holds a unique position within the Binance ecosystem.
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CryptoPioneer
Sat Dec 14 2024
It serves as the native cryptocurrency for various platforms, including Binance Chain and BNB Smart Chain.
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Riccardo
Fri Dec 13 2024
This decision allowed BNB to leverage Ethereum's established infrastructure and community.
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DaeguDivaDance
Fri Dec 13 2024
However, with the introduction of Binance Chain, BNB made a strategic shift.
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