Binance Coin is a token issued by Nian An, abbreviated as BNB, which is based on Ethereum's de-centralized block chain digital assets. Binance will buy back and destroy BNB with 20% profit every quarter until 100 million are destroyed. As a fuel for Binance ecosystem and de-centralized exchanges, BNB has been applied to many scenarios, such as deducting transaction fees with BNB, which can get up to 50% discount. BNB can be used in Monaco Visa and APP applications, and BNB can be used to purchase virtual gifts on Uplive platform. At present, BNB ranks steadily in the global TOP 50, the best ranking is the global TOP 20, supported by more than 180 countries and regions of the world block chain enthusiasts.