What is Binance coin (BNB)?

Binance Coin (BNB) is the token associated with the Binance exchange platform. While it started out as an ERC-20 token, the coin now operates on its own native blockchain, known as the Binance Chain Blockchain.

What is Binance exchange?

The Binance Exchange is a leading cryptocurrency exchange founded in 2017 in Hong Kong. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 600 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB).

What is Binance earn?

Some of them are as follows: Binance Earn is a platform for staking or earning interest by depositing stablecoins with the exchange. Depending on the coin and the tenure, the exchange offers investors multiple options and interest rates for these coins.

What happens when a digital coin is listed on Binance?

When a token gets a listing on this platform, investors have some indication that the digital coin has potential, or at least that it should be taken seriously as a project. Typically, when a project announces a Binance listing, its price will pump, and then retrace when the listing goes live.