BNB $BNB (Build and Build) is more than just a token—it's the backbone of the Binance ecosystem. Launched in 2017, BNB was initially created as a utility token to offer users discounted trading fees on Binance Exchange. Since then, it has evolved into one of the most powerful assets in the blockchain world.
Core Utilities of BNB$BNB
1. Trading Fee Discounts: Users who hold and pay with BNB enjoy lower fees across Binance platforms.
2. BNB Chain Fuel: BNB powers *BNB Smart Chain (BSC), enabling fast, low-cost transactions for DeFi, GameFi, and NFT applications.
3. Launchpad Access: BNB holders get early access to promising projects through Binance Launchpad.
4. Staking and Yield: BNB can be staked for rewards or used in yield farming within the Binance ecosystem.
BNB Chain: The Future of Web3
BNB Chain combines the BNB Beacon Chain and BNB Smart Chain offering high performance, scalability, and smart contract functionality. It's home to thousands of dApps and millions of users globally.