Introduction to BNB (Binance Coin)
BNB is the native token of the Binance exchange and has a variety of uses in the cryptocurrency ecosystem. It was initially launched as a trading fee discount tool and has now expanded to the Binance Smart Chain (BSC), becoming a core token for DApps, NFT trading, and smart contracts. BNB can also be used for participating in Binance Launchpad projects and payment functions, making its application scenarios extensive.
BNB's supply mechanism adopts a quarterly burn model, with the final supply expected to be reduced to 100 million coins, enhancing its scarcity and value. As one of the mainstream tokens, BNB has a stable market performance and growth potential, making it an important asset in the crypto ecosystem, particularly suitable for users participating in the Binance ecosystem.