What is BNB?

BNB is a cryptocurrency created by the Binance trading platform. It was launched in 2017 as an ERC-20 token on the Ethereum network, but later migrated to the Binance Smart Chain and became the native coin of the Binance chain.

Uses of BNB

- *Trading Fees*: BNB can be used to pay for trading fees on the Binance platform at a special discount.

- *Network Transactions*: BNB can be used to pay for transaction fees on the Binance Smart Chain and Binance Beacon Chain.

- *Online Purchases*: BNB can be used to buy goods and services online and in stores.

- *Governance*: BNB holders have the right to participate in the governance of the Binance chain.

Information about the BNB Price

- *Current Price*: The price of BNB is approximately $753.64, according to the latest updates.

- *Maximum Supply*: The maximum supply of BNB is around 200 million units.

- *Trading*: BNB is traded on many platforms, including Binance, CoinMarketCap, and CoinGecko ¹ ² ³.

Advantages of BNB

- *Wide Usage*: BNB can be used in many applications and services.

- *Discounts*: Using BNB offers discounts on trading fees and other services.

- *Governance Control*: BNB holders have the right to participate in the governance of the Binance chain ².