$BNB

What is BNB?

BNB is the native token of the decentralized BNB Chain, where it powers transactions, pays fees, and allows participation in governance. It can also be used on the Binance exchange to enjoy benefits such as discounts on trading fees, token airdrops, or VIP memberships. The BNB burn mechanism involves the periodic repurchase and permanent destruction of a portion of BNB tokens, with the aim of reducing the total supply. Check the BNB price page for real-time updates on market capitalization and price movements.