# Binance Chain

[**Binance**](https://www.binance.com/en) is one of the most popular crypto exchanges with one of the highest transaction volumes. It is based on the Binance chain. The native token BNB is an implementation of Ethereum's ERC-20 token protocol, and has a total supply of 200 million. BNB tokens can be utilized for general financial transactions and paying transaction fees on the Binance platform.


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