Binance Coin $BNB – The Powerhouse of the Binance Ecosystem
Binance Coin (BNB) is the native cryptocurrency of the Binance exchange and plays a crucial role in its ecosystem. Initially launched as an ERC-20 token, BNB later migrated to Binance’s own blockchain, BNB Chain (formerly Binance Smart Chain & Binance Chain).
Key Uses of BNB:
✅ Trading Fee Discounts – Get reduced fees when trading on Binance.
✅ Transaction Fees – Pay for gas fees on BNB Chain.
✅ Staking & Yield Farming – Earn passive income by staking BNB.
✅ Launchpad & Investments – Participate in Binance Launchpad projects.
✅ Payments & More – Accepted by various merchants and platforms worldwide.
With strong adoption and continuous ecosystem growth, BNB remains one of the top cryptocurrencies in the market.
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