$BNB
Here is information about BNB (Binance Coin):
1. What is BNB:
BNB is the native token of the BNB Chain, a decentralized blockchain developed by Binance. It is used to power transactions, pay fees, and allows participation in governance processes within the BNB Chain ecosystem.
2. Utilities and Benefits:
• Fee payment: Users can use BNB to pay transaction fees on Binance and other platforms that accept the token, usually with discounts.
• Participation in projects: BNB can be used in new project launches, staking, and other activities within the Binance ecosystem.
• Governance: BNB holders can participate in important decisions related to the evolution of the BNB Chain.
3. Price and Market:
• The current price of BNB is approximately $657.58 per unit, with a market value of around $92.64 billion dollars.
• The trading volume in the last 24 hours is $1.54 billion dollars.
• BNB can be traded directly on Binance through Spot Trading or using the Binance Convert tool for quick exchanges between different cryptocurrencies.