Here’s a comprehensive answer about BNB (Binance Coin) and its relation to Binance, tailored for users in Pakistan (PK) as of August 9, 2025:

1. What is BNB?

BNB is the native cryptocurrency of Binance, the world’s largest cryptocurrency exchange by trading volume. Initially launched in 2017 as an ERC-20 token on Ethereum, BNB later migrated to Binance’s own blockchain, Binance Chain (now part of the BNB Smart Chain, or BSC).

Key Features of BNB:

Utility: Used for paying trading fees on Binance (with discounts), participating in token sales, and powering decentralized apps (dApps) on BSC.

Tokenomics: Periodic "burns" (destruction of tokens) to reduce supply and increase scarcity.

Multi-chain: Supports BSC (for DeFi) and Binance Chain (for fast trading).

2. How to Buy BNB in Pakistan?

You can purchase BNB in PK through:

Binance P2P: Local peer-to-peer trading with PKR (Pakistani Rupee) via bank transfers/JazzCash/EasyPaisa.

🔗 [Binance P2P Portal](https://p2p.binance.com/)

Spot Trading: Deposit PKR or other cryptocurrencies (e.g., USDT) and trade for BNB on Binance’s spot market.

Third-party Exchanges: Platforms like Bybit or KuCoin may offer PKR-to-BNB pairs.

3. Uses of BNB in 2025

Trading Fee Discounts: Up to 25% discount on Binance fees when paid in BNB.

BNB Smart Chain (BSC): Gas fees for transactions and DeFi protocols (e.g., PancakeSwap).

Staking: Earn rewards by locking BNB in Binance Earn or BSC validators.

NFTs and Gaming: Used in Binance NFT Marketplace and Web3 games.

4. Recent Updates (2025)

Regulation: Binance complies with local crypto regulations in PK; ensure 🚀