$BNB
Binance Coin (BNB) is a cryptocurrency that fuels the BNB Chain ecosystem. It's used for [2][3]:
- *Trading Fee Discounts*: 25% discount on Binance trading fees
- *Transaction Fees*: Paying fees on BNB Smart Chain and BNB Beacon Chain
- *Governance*: Participating in BNB Chain's decentralized governance
- *Payments*: Online and in-store purchases, travel bookings, and donations
BNB's current price is around $591.71, with a 24-hour trading volume of $1.4 billion. Its market capitalization is approximately $86 billion. BNB has various use cases, making it a popular cryptocurrency among traders and users of the Binance ecosystem [2].