#CryptoMarketDip The cryptocurrency and blockchain industry includes numerous projects and assets aimed at different goals. It is not uncommon to see projects aimed at solving similar needs. 

Several crypto exchanges exist, for example. Although each exchange may vary in construction and features, they aim to give crypto traders a place to swap their assets in a broader sense. Sometimes, a cryptocurrency exchange may have its own asset that is used for certain purposes on its related exchange such as fee discounts on the trading platform. 

Binance Coin BNB$698.25 of the Binance exchange is one such crypto exchange asset. What is a Binance Coin? BNB began as an asset sold in Binance’s initial coin offering (ICO), becoming a way Binance exchange users could pay less trading fees on the platform once the exchange laun

Since then, BNB has retained a role in Binance’s growing ecosystem as Binance has expanded into more than a digital asset exchange.