BNB is the native cryptocurrency of the Binance ecosystem and was created to make trading cheaper and smoother.
It started as a simple utility token but slowly grew into a major asset with its own blockchain.
BNB is used to pay trading fees on Binance with discounts that traders mysteriously love.
It also powers the BNB Chain, which supports smart contracts, DeFi projects, and NFTs.
Many decentralized applications rely on BNB for transaction fees and network operations.
Binance regularly burns BNB tokens to reduce supply and annoy basic math with deflation.
This burning mechanism is designed to increase scarcity over time.
BNB is not limited to trading and can be used for payments, staking, and online services.
Its value is closely tied to the success and reputation of the Binance platform.
As long as Binance stays influential, BNB will keep demanding attention.
$BNB #sanor016CommUNITY $ETH $XRP