#BinanceTradeSmarter Like other developing cryptocurrencies, Binance Coin offers several applications that extend beyond the Binance exchange, such as

Trading: Binance Coin can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange.

Transaction fees on the Binance exchange: BNB can be used to pay for transactions on the Binance exchange, and users also receive a discount for this.