What is BNB token ID?

Binance Coin (BNB) is a cryptocurrency which was created by Binance in 2017 . It’s a utility token that lets traders get discounts on binance.com, and is used to pay transaction fees on Binance’s blockchains. A total of 200,000,000 BNB tokens were initially created, 100,000,000 of which were sold during crowdfunding.

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What is Binance contract address?

Contract Address refers to the address where the contract is deployed on Ethereum , while Token ID refers to this specific NFT. We will use the ERC-721 token as an example. Please choose the compatible network (ETH/BSC) for your NFT or your asset might be lost and cannot be recovered.

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What is an ERC20 address?

Typically, the ERC20 wallet address is an Ethereum address . More so, all Ethereum addresses are compatible with storing ERC20. Also, all Ethereum wallets are actually connected to the Ethereum blockchain. Therefore, the ERC20 address will mean an address in the Ethereum platform.

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