The BNB coin is the native cryptocurrency of Binance Smart Chain. Originally created as a utility token for paying trading fees on the Binance exchange, the BNB coin has significantly expanded its scope of use, playing a key role in the Binance ecosystem and beyond.
The BNB coin is built on Binance Chain, a high-performance blockchain created by Binance. It offers several use cases, such as paying transaction fees, staking, and participating in token sales on Binance Launchpad. Over time, the BNB coin has evolved into a universal digital asset used for various purposes within the Binance ecosystem and beyond.
In my latest transaction, I exchanged BNB coins purchased earlier in February 2025 at a price of 520 USDT for USDT, which I plan to use for trading.
