Validate Binance wallet address
Disclaimer: This tool will try to validate the syntax of your address and is unable to actually confirm if specific address exists or belongs to someone. Regardless of the results of this tool, always double check that you are sending/receiving funds to an existing address.
Binance Coin (BNB) was introduced in 2017 as the native cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency exchanges founded by Changpeng Zhao (CZ). Initially launched as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance's own blockchain, Binance Smart Chain (BSC), as a BEP-2 token. Transactions involving Binance Coin include trading pairs on the Binance exchange, paying for trading fees, participating in token sales on the Binance Launchpad platform, and accessing various decentralized finance (DeFi) applications built on Binance Smart Chain. Binance Coin wallets can be hosted on various platforms, including the Binance exchange, third-party wallets that support BEP-2 or BEP-20 tokens, and hardware wallets compatible with Binance Coin. Users can validate Binance Coin addresses by verifying that they adhere to the BEP-2 or BEP-20 token standards and have not been tampered with. Binance Coin's transaction history reflects its evolution from a utility token within the Binance ecosystem to a multi-purpose digital asset with applications ranging from trading and payments to decentralized finance (DeFi) and non-fungible tokens (NFTs). As Binance Coin continues to expand its utility and adoption, it plays a crucial role in facilitating transactions and powering various services within the broader cryptocurrency ecosystem, contributing to Binance's mission of making cryptocurrencies more accessible and usable worldwide.