$BNB

BNB, or Binance Coin, is the native cryptocurrency of the Binance ecosystem. It's used for various purposes, including

Transaction Fees: Paying for fees on the Binance platform and Binance Smart Chain (BSC) at discounted rates, with users enjoying a 25% discount on trading fees when using BNB.

Governance: Participating in decentralized on-chain governance, allowing holders to vote on proposed network modifications.

Strategic Reserve Asset: Serving as a reserve asset for ecosystem growth and adoption, driving development within the Binance ecosystem.