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Reviewed by Oct 25, 2021| Updated on
Binance coin is the crypto-coin issued by the binance exchange and trades with a BNB symbol. This coin runs on the Ethereum blockchain with standard ERC 20 and is limited to a maximum of 200 million BNB tokens.
The binance coin is expected to boost the operation of the binance exchange and its ecosystem. It supports multiple utilities such as trading fees, exchanges fees, listing fees and any other fees on the binance exchange. The binance coins have garnered support from various partnerships that have helped in its usage spread.