What is BNB?

Launched in July 2017, Binance is the largest global cryptocurrency exchange based on daily trading volume. Binance aims to bring cryptocurrency exchanges to the forefront of global financial activity. The idea behind the name Binance is to show this new paradigm in global finance – Binary Finance or Binance.

In addition to being the largest global cryptocurrency exchange, Binance has launched an entire ecosystem of features for its users. The Binance Network includes the Binance Chain, Binance Smart Chain, Binance Academy, Trust Wallet and Research projects, all of which use the power of blockchain technology to bring new finance to the world. BNB is integral to the successful operation of many Binance sub-projects.

Who are the founders of BNB?

Changpeng Zhao is the founder and CEO of Binance. In 2001, Zhao joined Bloomberg as head of futures development for the trading book. He spent four years with the company and later joined Fusion Systems as a partner.

Since 2013, Changpeng Zhao has been actively involved in blockchain technology and cryptocurrencies. He became the head of Blockchain development and founded BijieTech in 2015. In 2017, Zhao officially launched Binance and has been the CEO of the company ever since.

What makes BNB unique?

Binance is a unique blockchain-based decentralized network ecosystem. The company has become a leading crypto exchange in a number of countries, and their spin-off organizations are also attracting considerable interest.

One of Binance's biggest competitive advantages is its drive to grow. While the company started in 2017 as just a crypto exchange, today Binance has expanded its services into many different spheres. According to the company's website, its mission is to become an infrastructure service provider for the entire blockchain ecosystem.