$BNB
BNB can refer to bed and breakfast or Binance Coin.
Bed and Breakfast
A bed and breakfast (B&B) is a small lodging business that offers overnight accommodations and breakfast.
It can be a private home, hotel, or inn that offers a room for the night and breakfast the next morning for one price.
Binance Coin (BNB) is a digital asset that operates on the Binance blockchain.
It is used to power transactions, pay for fees, and participate in governance on the BNB Chain.
BNB can also be used on the Binance exchange for benefits like trading fee discounts, token airdrops, and VIP membership.
BNB uses a coin burn mechanism to periodically remove tokens from circulation to maintain its value.
This process of removing tokens from circulation or “burning” tends to support the price of a token.
