Cryptocurrency Q&A
Is BNB based on ETH?
Is BNB based on ETH?
GalaxyWhisper
Fri Feb 28 2025
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6
answers
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I'm curious about the relationship between BNB and ETH. Specifically, I want to know if BNB is built on the Ethereum network or if it's completely independent. Can someone clarify this for me?
6 answers
TaegeukChampionCourage
Sun Mar 02 2025
The primary purpose of BNB was to incentivize users to trade on Binance by offering discounts on trading fees.
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Eleonora
Sun Mar 02 2025
BNB, the native token of Binance, has a unique history.
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Raffaele
Sun Mar 02 2025
It was initially launched in 2017 on the Ethereum blockchain.
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Pietro
Sat Mar 01 2025
Additionally, BNB provided bonuses for users participating in Binance's referral program.
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EthereumElite
Sat Mar 01 2025
This strategy was effective in growing Binance's user base and increasing the utility of BNB.
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