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Source: Shutterstock 52-Week range: $15.02 – $690.93 Let’s start with this: The Department of Justice and other agencies are reportedly investigating Binance. If they find problems with Binance itself, this whole premise goes straight out the window. But if you don’t think the investigation has legs, read on. Binance cryptocurrency exchange, currently the largest one worldwide, started operations in 2017. In July of the same year, Binance Coin came into existence through an initial coin offering (ICO). It currently powers the Binance Ecosystem. For instance, those crypto investors who have BNB-USD in their accounts on the exchange typically get a a discount on transaction fees if they use Binance Coin. Some outside service providers, mostly in the travel industry, also accept BNB-USD for flight and hotel bookings.

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