$BNB What is $BNB?
$BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Initially launched as an ERC-20 token on Ethereum, it later migrated to Binance Chain and Binance Smart Chain (BSC).
Uses of $BNB:
Trading Fees – Get discounts on Binance trading fees when using BNB.
Staking & Yield Farming – Earn rewards by staking BNB in DeFi protocols.
Payments – Accepted by merchants for payments and transactions.
Token Burns – Binance regularly burns BNB to reduce supply and increase value.
With strong utility and adoption, $BNB remains a key asset in the crypto ecosystem.