$BNB The crypto pair BNB (Binance Coin) plays a central role in the Binance ecosystem, one of the largest exchange platforms in the world. The BNB token is used to pay transaction fees on the platform, obtain discounts, participate in token launches via the Launchpad, and fuel various DeFi projects built on the Binance Smart Chain. This concrete utility gives the BNB/USDT or BNB/BTC pair strong liquidity and great popularity among traders. BNB has evolved beyond a simple 'utility token' to become a true strategic asset. The movements of this pair are often a good indicator of the overall health of the Binance ecosystem.
