Binance crypto exchange employees prefer to receive salaries in the platform’s own cryptocurrency – BNB. This was announced by the company’s CEO Zhao Changpeng in a conversation with the managing director of Arrington XRP Capital, Michael Arrington.
— Michael Arrington (@arrington) August 18, 2018
BNB, also known as Binance Coin, is the native token of Binance, the world’s largest crypto exchange. Binance released BNB in 2017 to raise funds to finance the current activities and the development of the exchange. At the beginning of the year, the cost of BNB was almost $ 25, but since then it has dropped to $ 10, losing 60%. However, over the past 12 months, BNB has demonstrated an increase of 15%.