š What is $BNB (Binance Coin)?
BNB is the native utility token of the Binance ecosystem, launched in 2017. Originally built on Ethereum (as an ERC-20 token), it later migrated to its own blockchain: BNB Chain (previously Binance Chain and Binance Smart Chain).
š” BNB Use Cases on Binance:
š„ Trading Fee Discounts
Pay spot, margin, and futures trading fees using BNB for up to 25% discount.
š Launchpad Access
Participate in exclusive token launches via Binance Launchpad by committing BNB.
š Binance Earn & Staking
Stake BNB in Binance Earn products to earn passive income.
š”ļø BNB Vault
Auto-allocate BNB across multiple yield opportunities with one click.
šø Binance Card Payments
Use BNB to spend crypto globally with the Binance Visa Card.
š¼ Transaction Fees on BNB Chain
BNB powers transactions on BNB Smart Chain (BSC) and BNB Beacon Chain.
š® Web3 & NFTs
Buy NFTs, interact with DeFi, and use BNB in Web3 games across the BNB ecosystem.
ā
Key Benefits:
Lower Fees on Binance
High Utility across trading, staking, and payments
Community Ecosystem growing around BNB Chain
Regular Burns to reduce supply and support long-term value
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