$BNB The price of $BNB can be influenced by several factors due to the diverse uses of the asset in addition to the speculative nature of the cryptocurrency industry. The list of BNB uses includes paying fees on the BNB chain and using it as cash via the Binance payment card. BNB is the regulatory asset of the BNB chain.

BNB is burned quarterly based on a specific formula, which is expected to continue until the circulating supply of $BNB drops below 100 million, down from its initial amount of 200 million.

BNB serves several roles, including reducing fees on the Binance cryptocurrency exchange platform, and the currency used to pay fees for activities on the BNB chain, the underlying environment for BNB's blockchain. The price of BNB can be evaluated in US dollars (USD). The value of BNB's price in US dollars is displayed directly.