$BNB BNB stands for Binance Coin, a cryptocurrency used to pay fees on the Binance cryptocurrency exchange.

Features of BNB

It is based on the Ethereum platform

It was launched in 2017

It is used to pay trading fees, donations, online purchases, travel payments, loans, and more

It can be used on the Binance exchange to get discounts on fees, token airdrops, and VIP memberships

It can be used to power transactions, pay fees, and participate in governance on the decentralized chain BNB Chain

Advantages of BNB Reduction of transaction costs, Faster transaction processing times, Multi-platform uses.

Binance and BNB

Binance is the largest cryptocurrency exchange in the world. Binance Chain and Binance Smart Chain are dual-chain systems that allow the issuance and exchange of new tokens and support smart contracts.