$BNB
Using BNB on the Binance platform offers a number of additional benefits for users:
Reduced trading fees: One of the most significant benefits is obtaining a discount on trading fees. BNB users can pay their fees using the currency, allowing them to benefit from discounts of up to 25% in some cases.
Investment in Initial Coin Offerings (ICOs): Binance allows BNB users to participate in the initial coin offerings launched on the Binance Launchpad, providing an opportunity for early investment in promising new projects.
Paying transaction costs: On the Binance Smart Chain, BNB can be used to pay transaction costs, facilitating the execution of smart contracts and transactions quickly and efficiently.
Participation in staking programs: BNB users can participate in staking programs and earn additional rewards by investing their coins.
Reward redemption: Binance offers rewards related to BNB for users, such as receiving gifts or discounts on certain occasions.
Diversity in uses: With the increasing number of projects using the Binance Smart Chain, the opportunities for using BNB in decentralized finance (DeFi) applications and DApps are increasing, enhancing its value.
