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Binance Coin is a token issued by Binance, referred to as BNB, which is a decentralized blockchain digital asset based on Ethereum. The total amount of issuance is constant at 200 million. Every quarter, BNB will be destroyed according to the transaction volume of the Binance platform in the quarter. The destruction record will be announced as soon as possible. Users can query through the blockchain browser to ensure openness and transparency until it is destroyed. Until the total amount is 100 million BNB coins. As the Binance ecosystem and decentralized exchange fuel, BNB has been applied to many scenarios. For example, using BNB to deduct the binance transaction fee, you can get a discount of up to 50%, and you can use BNB to pay in Monaco Visa and APP applications. You can use BNB to buy virtual gifts on the Uplive live broadcast platform. At present, BNB ranks firmly in the global TOP20, and the best ranking is the global TOP10. It is supported by blockchain enthusiasts in more than 180 countries and regions around the world.