Binance Coin is the digital coin of the Binance platform. It is an exchanging platform only for cryptocurrencies. Binance uses the ERC 20 token standard from Ethereum for the cryptocurrency. NBB should be distributed as follows. 50% of the coins are sold in an ICO, 40% go to the members and 10% to Angel investors. Angel investors are investors who buy a lot of coins at once. The coin can be used to pay fees. These include trading fees, transaction fees, listing fees and others.