Buy Binance Coin (BNB) with a Credit or Debit Card Instantly

Binance Coin (BNB) is a cryptocurrency native to the popular exchange Binance. Initially, it was launched on the Ethereum Network as an ERC-20 Token. The token drew the attention of the investors well and collected $15 million in its ICO held in July 2017. Later, in 2019, Binance Coin was migrated to the Binance Chain which was developed to support the Binance DEX (Decentralized Exchange).BNB is the trading ticker for the Binance Coin. Tendermint is used as a consensus mechanism and the block size is capped at 1MB in the Binance Chain. To keep the value of the BNB intact, Binance conducts quarterly burns until the supply of Binance Coin reaches 100 million. Binance Coin is a utility token which is mainly used to pay fees on the Binance exchange at a discount and also fuels the reward system. Besides, BNB powers smart contracts on the Binance Chain. BNB is also widely accepted by merchants online as a means of payment.