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binance coin price BNB.
What is Binance Coin (BNB)?
Binance, the Hong Kong-based exchange released their own cryptocurrency called Binance Coin (BNB). BNB can be used to pay for any fees on the Binance exchange including: exchange fees, listing fees, withdraw fees, etc. Binance also holds a coin of the month poll where the most popular coin can be traded without fees for a month. Voting on this poll requires the use of BNB.
Quarterly, Binance will use 20% of their profits to buy back BNB and burn them, until they buy 50% of all the BNB (100MM) back. The buy-back transactions will all be announced on the blockchain.

Upcoming news:
30 April 2018 – Binance Coin (BNB) – Coin Burn
31 July 2018 – Binance Coin (BNB) – Coin Burn
31 October 2018 – Binance Coin (BNB) – Coin Burn
Important partnerships:

Since BNB coin is an exchange coin, it is not a crypto actively seeking any partnerships, however, it should be noted that every coin that is added to the Binance exchange is a new partnership that will increase the value and uses of BNB. Some other characteristic features of BNB that make it a viable coin include the fact that:
– Binance is the first exchange to have its own coin
– The Binance exchange is rapidly becoming one of the most popular exchanges out there, which directly increases the value of BNB