It is important for a trader on the BINANCE platform to obtain BNB currency as it is part of the governance system on the platform, and the trader can acquire the currency through various means such as
Buying currency through centralized CEX or decentralized DEX trading platforms.
Receiving currency in the form of AIRDROP.
Participating in auditing tasks, data entry, and receiving currency in the form of rewards.
Exchanging cryptocurrency for BNB.
Participating in decentralized finance programs and earning currency in the form of yield farming.
Borrowing currency from liquidity pools.
Storing currency and earning passive income.
Obtaining currency from Crypto Faucets programs, which are programs that grant some applications and websites in exchange for completing certain tasks.
The main uses of BNB.
The value of BNB offers its owner a wide range of uses, which include:
Serves as a high-value store of asset.
Creating decentralized applications and smart contracts.
Funding decentralized finance programs.
Paying transfer fees on the platform.
Acts as a governance system on the BINANCE platform.
Buying and selling NFT tokens.
Contributing to charitable causes.