Now you are on #Binance , but do you know about $BNB ??
BNB started as Binance Coin, has evolved to become a BNB Chain coin, which is a driving factor of the entire BNB ecosystem, which includes BSC (BNB smart chain), Beacon chain, opBNB and BNB Greenfield.
What is the BNB Use case? A Lot!! and evolving.
Primarily , it can be used for trading fees discounts on Binance Exchange. This utility is still significant for users like you and me.
Then, it is also used to pay for transaction (Gas) fees on BNB Chains.
BNB holders can participate in decentralized governance of the BNB Chains by staking their tokens and voting on network upgrades and proposals.
With Binance Visa Card, it can be used to pay for purchase of goods and services, of over 60 millions vendors worldwide.
It can be used for entertainment such as buying music and game rewards.
BNB can also use for taking loans and investment. It is also accepted on TravelbyBit,
Trip.io and Travala for bookings of travel accommodations.
And $BNB is 5th rank cryptocurrency by Market Capitalization, with over $122B market cap, only $BTC , $ETH, $XRP and $USDT have higher market cap.
BNB rose almost 7% over the last 24 hours, outpace crypto's overall 2.34% gain. More and more corporations are considering to treat BNB as a reserve asset, because of its relatively stable growth and utilities.
BNB Chains host a lot of innovative projects, and #MEME which can get big.
If you are considering investment, don't just take my word for granted. Please do your own research (#DYOR ) . There are resources available on Binance learn.
I just remind you that you need to know more about BNB , because it is an opportunity for the future.
