#TrumpCryptoOrder #bnb

What is BNB?

BNB is the native token of Binance, one of the largest cryptocurrency exchange platforms in the world. It is used for various purposes within the Binance ecosystem, including:

1. Transaction fees: Users can pay transaction fees on Binance with BNB and receive discounts.

2. Participation in Binance Launchpad: To access new initial exchange offerings (IEO).

3. Payments and transfers: BNB is also accepted as a form of payment on various services and platforms.

4. DeFi and staking: It is used in decentralized applications and to earn rewards through staking.

5. Binance Smart Chain (BSC) ecosystem: BNB is the main cryptocurrency used to pay transaction fees on the BSC, a blockchain created by Binance for decentralized applications.

BNB was initially launched as an ERC-20 token on the Ethereum network but later migrated to the Binance Chain.