#BNB BNB is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency exchanges in the world. Below are some basic information about BNB:

Functions:

Transaction Fees: BNB is used to pay transaction fees on the Binance exchange, often at a discounted rate.

Binance Smart Chain (BSC): BNB is the fuel for BSC, an Ethereum-compatible blockchain that allows the development of decentralized applications (dApps) and conducts transactions at lower fees.

Launchpad and Launchpool: BNB is used to participate in token sales (IEOs) on Binance Launchpad and receive rewards from Binance Launchpool.

Payments: BNB can be used to pay for goods and services at some accepting locations.

Value:

The price of BNB fluctuates according to the overall cryptocurrency market. You can check the current price of BNB on cryptocurrency exchanges like Binance, Kraken, or Crypto.com.