#CryptoScamSurge

$BNB refers to Binance Coin, the native cryptocurrency of the Binance platform. It's used for various purposes, including ¹ ²:

- *Trading fee discounts*: Paying fees on Binance exchange with BNB gives users a discount.

- *Token sales*: Participating in token sales on Binance Launchpad requires holding BNB.

- *Ecosystem utility*: BNB is used within the Binance ecosystem for various applications and services.

The current price of BNB is around $660.55, with a 24-hour trading volume of $1.505 billion. Its market capitalization is approximately $93.062 billion. BNB has seen significant growth since its inception and continues to play a crucial role in the Binance