When purchasing BNB (Binance Coin), you can use it for various purposes 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 a low cost via the BNB Chain network.

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