BNB is Binance's cryptocurrency, trading with symbol BNB. Binance Exchange reached $7.6 billion volume in Q2 2022. BNB now stands for "Build and Build". Launched in July 2017 as ERC-20 token on Ethereum
Coin burning permanently removes cryptocurrencies from circulation. BNB Coin was previously on Ethereum network with quarterly burns. Total supply reduced by approximately 22.37% through burn events
Users commit BNB towards token sale, allocation based on committed BNB ratio. Hard cap of 20M ABC tokens applies to each user. Final allocation calculated after reaching hard cap. BNB deduction equals final allocation multiplied by ABC/BNB price
PAPU is not currently listed on Binance for trading. Binance regularly reviews and adds new cryptocurrencies
Testnet BNB enables testing applications before deployment on BSC mainnet. Testnet tokens have no direct financial value and cannot be used on mainnet. Testnets provide risk-free environments for developers and users
BNB was launched in 2017 as an ERC-20 token on Ethereum. Initially offered 25% trading fee reduction on Binance platform. Moved to Binance Chain in 2019, later combined with BSC