🔸What is BNB?

Imagine that BNB is like the gasoline of the Binance universe, which is one of the largest cryptocurrency platforms in the world.

When we talk about BNB, we are talking about the main digital currency created by Binance. It is not just a coin to hold; it has many practical uses!

What is BNB used for?

* Discounts on trading: If you use BNB to pay the fees when you buy or sell other cryptocurrencies on Binance, they give you discounts! It's like having a permanent coupon.

* Pay for "gas" on their networks: Binance has its own "digital highways" (called BNB Chain and BNB Smart Chain) where many things move. For your transaction or action to move on those highways, you need BNB; it is the "toll" or "gas."

* Invest in new projects: Sometimes, Binance launches new cryptocurrency projects, and to participate and buy those new tokens, you often need to use BNB.

* Generate profits: You can "lend" your BNB to generate more BNB, something called "staking" or participate in "earn" programs within Binance.

* Fewer coins, more value! Constantly, Binance "burns" (permanently removes) a portion of the existing BNB. This means fewer BNB are available, and theoretically, this can help its value rise over time.

BNB is much more than just a simple cryptocurrency; it is a key piece that gives life and functionality to the entire Binance ecosystem. It is the engine that makes it work! $BNB