BNB token is a very popular cryptocurrency. Let's take a look at how it started its journey. ⚙️BNB was created on the Ethereum blockchain in 2017. This happened even before the launch of Binance. In April 2019, BNB migrated to its own blockchain, the Binance chain. 📈The initial issue of the coin was 200 million BNB. However, every quarter, 20% of Binance's profits are used to redeem and burn BNB, until 100 million BNB remain. 🪙The BNB token can be used primarily on the Binance exchange. Elsewhere, the token is nothing more than a cryptocurrency that can be bought/sold/stored. You can read more about blockchain and cryptocurrency in our blog