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[Ended] 🎙️ Binance Learn & Earn
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Claim USDT Just One click and Claim the Usdt
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$BNB BNB (Build and Build) – Binance Coin Overview: BNB is the native cryptocurrency of the Binance ecosystem, originally launched in 2017. It plays a central role in powering various services and products on the Binance platform, the world’s largest cryptocurrency exchange by volume. 🔹 Key Features of BNB: 1. Utility Token: Used to pay trading fees on Binance at a discounted rate. Can be used for staking, participating in token sales on Binance Launchpad, and paying for goods and services (via Binance Pay or third-party merchants). 2. BNB Chain (formerly Binance Smart Chain): BNB powers the BNB Smart Chain (BSC), a fast and low-cost blockchain used for DeFi apps, NFTs, and more. Developers use BNB to pay for gas fees on the chain. 3. Burn Mechanism: Binance burns (destroys) BNB tokens regularly to reduce the total supply, aiming for a max supply of 100 million tokens. This deflationary model supports BNB’s long-term value. 4. Ecosystem Integration: BNB is integrated into multiple Binance products, including Binance Earn, Binance Card, Binance NFT, and Binance Launchpool. 🔸 BNB Tokenomics: Total Supply: Initially 200 million (aiming to burn down to 100 million) Current Circulating Supply: ~147 million (as of mid-2025) Consensus Mechanism: Proof of Staked Authority (PoSA) Ticker: BNB 🔹 Common Use Cases: Trading fee discounts Yield farming Liquidity provision Paying for travel, virtual goods, and services GameFi and NFTs on BNB Chain 🔸 BNB Price Drivers: Growth of Binance exchange Activity on BNB Smart Chain Frequency and size of BNB burns Market demand and broader crypto sentiment
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