$BNB
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, designed to power the BNB Chain and its various applications. Initially launched as an ERC-20 token in 2017, BNB has since transitioned to BEP-2 and BEP-20 standards, offering multiple use cases.
*Key Features:*
- *Discounted Trading Fees*: Pay trading fees on Binance Exchange with 25% discount
- *Transaction Fees*: Covers fees on BNB Beacon Chain and BNB Smart Chain
- *Payments*: Used for online and in-store purchases via Binance Card or Binance Pay
- *Travel Bookings*: Book hotels and flights on (link unavailable)
- *Liquidity Provision*: Provides liquidity on Binance Liquid Swap platform
- *Governance*: Participates in BNB Chain's decentralized governance
BNB's current price is around $753.64, with a market capitalization of $104.97 billion. It's available on various exchanges, including Binance and Kraken ¹.