$BNB

$BNB 2025 🚀 800$$

BNB (Binance Coin) plays a very important role in the Binance ecosystem and has evolved to serve many different functions. Below are some ways that BNB is used:

## **1. Transaction fee discounts**

BNB was originally developed primarily to reduce transaction fees on the Binance platform. Users can pay transaction fees with BNB to receive discounts, helping to save costs when trading on the exchange.

## **2. Binance Smart Chain (BSC) ecosystem**

BNB is the main currency in the Binance Smart Chain ecosystem, where it is used to pay transaction fees related to DeFi applications, NFTs, and smart contracts. This is similar to the role of ETH in Ethereum.

## **3. Participation in DeFi projects**

BNB is also commonly used to participate in DeFi projects, where users can use BNB to provide liquidity, engage in decentralized financial protocols, and earn profits from these activities.

## **4. Participation on Binance Launchpad**

BNB holders can participate in new token launches through Binance Launchpad, a platform that supports blockchain startup projects. BNB is often required as a means of participation.

## **5. Payments and transactions**

In addition to being used for transaction fees on the Binance exchange, BNB can also be used to make payments at some retailers and other services that support BNB as a payment method.

BNB has evolved from a simple coin to an important component in many areas of the Binance ecosystem, from trading to decentralized finance and much more.