On February 20, Binance launched testing of the Binance DEX decentralized trading platform on its own blockchain, whose token is Binance Coin (BNB) . This contributed to the growth of the Binance Coin cryptocurrency, and in just two days Binance Coin overtook two coins — TRON and Stellar, and now ranks eighth by market capitalization in the cryptocurrency rankings.

Binance Coin (BNB) is a token issued following the ICO held by the Binance cryptocurrency exchange. The BNB token was issued on the Ethereum blockchain and follows the ERC20 token standard. The total number of tokens issued is 200 million.