Hello 👋
Imagine that Binance is a huge store of digital toys and BNB is the special currency that this store uses to pay for the toys and the services it offers.
1️⃣ What is BNB?
- Digital currency: It is a type of “money” made with computer technology (blockchain).
- Native to Binance: It is only used within the Binance store and in some games and apps that are connected to it.
2️⃣ What is it for?
| What you do | How BNB helps |
| Pay to buy other toys | When you buy something on Binance, you can use BNB to pay the “fee” (like a small commission). |
| Save money | If you keep BNB in your account, sometimes you get discounts on buying/selling fees, as if you had a “loyal customer” card. |
| Participate in new adventures | With BNB you can enter special contests (called IEO) where new digital toys are created before other friends. |
3️⃣ Why is it important?
- It is very popular: Thousands of children and adults use BNB to make their digital purchases.
- It moves quickly and cheaply: When you use BNB, transactions are faster than with other digital currencies.
- It has many uses: Besides paying fees, you can use it to play games, earn rewards, or even help protect the store (it's called “staking”).
4️⃣ How to get it? $BNB
1. Ask an adult: In the Binance store, an adult can buy BNB with real money and send it to your digital “wallet”.
2. Use a wallet: A wallet is like a virtual piggy bank where you keep your digital coins; there are several that accept BNB.
5️⃣ Simple summary
- BNB = Special money from Binance $BNB
- It is used to pay for things within Binance
- The more you save it, the more discounts you can get
- You can also use it to enter new games and contests.