At its initial stage Binance Coin was using the ERC-20 standard on the Ethereum network. Now, BNB is the native currency of the Binance blockchain.
Today, Binance Coin has gone beyond the exchange. It has plenty of possibilities like:
- payments on various platforms
- for accommodation reservations
- investing in new crypto projects through ICOs that appear in the Binance Launchpad program
- making donations
- making credit card payments