The backbone of the BNB Chain ecosystem, which boasts high speed and low cost to compete with Ethereum’s dominance. It has established itself as a strong option in the market.

Pros of BNB

Low costs and high throughput mean it can service much greater demand than many competitors.

Owning BNB provides you benefits on the Binance exchange platform

Cons of BNB

BNB is a highly centralized token, as it is controlled and managed by Binance. This reduces the freedom available to its community.

BNB’s success is tied to Binance, which the regulators of several countries like the UK, Japan and Germany have targeted.