When purchasing BNB (Binance Coin), you can use it for various purposes both inside and outside the Binance platform, such as:

Trading fee discounts: If you are trading on Binance, you can pay trading fees using BNB and receive a discount.

Investment and staking: You can stake BNB on platforms like Binance Earn to earn interest on your funds.

Participating in initial offerings (Launchpad/Launchpool): Some new projects allow you to use BNB to participate in initial offerings on Binance.

Purchases and payments: BNB can be used for payments at some stores and online platforms that support it.

Money transfers: You can send BNB quickly and at low cost through the BNB Chain network.

If you are considering purchasing BNB, do you want tips on timing or method?