Talking about Cryptos!!!!
BNB is the native cryptocurrency of the Binance ecosystem, which includes its popular exchange and the BNB Chain.
Main uses:
* Payments: It is used to pay trading fees on Binance with discounts and for transaction fees on the BNB Chain.
* Utility: It serves to participate in token sales through Binance Launchpad, access DeFi services, and pay for goods and services in stores that accept it.
* Burning mechanism: Binance periodically reduces the supply of BNB to increase its scarcity and potential value.
In summary, BNB is the pillar of a constantly expanding blockchain ecosystem, offering multiple utilities beyond just being an exchange cryptocurrency.
Let's learn together!!!!!
