Undoubtedly, BNB is considered one of the most important cryptocurrencies in the market right now. In addition to being associated with the largest trading platform in the market over the past years, it is also the primary currency for the third largest blockchain network, which is the BNB Chain.
Moreover, it is the fourth largest cryptocurrency, excluding stablecoins, in terms of market capitalization.

Therefore, it is rare to find a trader in the market who has not traded or does not currently hold any amount of BNB, due to the pivotal role it plays in the market, especially if you are using the Binance platform.

But what some people don't know is that in addition to BNB being an investment currency like any other cryptocurrency in the market that rises and falls in price, the currency has many other features that can provide you with significant profit and benefit.
In this article, we will summarize these features of the BNB currency.

Discounts on trading fees

This was the first actual use of BNB after its launch in 2017, where the currency provided its holders with a discount on trading fees, and this system is still in effect.
By owning BNB, you can save 25% on trading fees for Spot or Margin, in addition to a 10% discount on Futures.

Free token distributions

Binance users have enjoyed free token distributions since the launch of Launchpool and Launchpad services.
But recently, this has expanded to new services such as Megadrop and Holder Airdrops.
In short, if you own BNB tokens and have locked them for a certain period, you will be eligible for all Binance distributions, whether from Launchpool, Hodler, or Megadrop.
According to Binance, the profit from every 1 BNB in free tokens so far is $319. Don't forget that these are free tokens you received just for holding BNB and locking it without any other conditions, in addition to still holding your capital in BNB.

One of the strategies some people follow is to convert free token rewards back into BNB, which increases their profits from upcoming token rewards.

VIP account services

All accounts on Binance start as standard accounts, but if you complete a certain trading volume within a month, your account will be upgraded to VIP.
Getting a VIP account upgrade gives you many benefits such as:

  • Lower trading fees

  • Increase your account's transaction and withdrawal limits

  • 24/7 support dedicated to VIP users

  • Exclusive rewards

  • Exclusive invitations to VIP events organized by Binance periodically

But what some people do not know is that your path to VIP is not limited to completing trading volume of millions of dollars; starting from having a balance of 25 BNB, you can enter VIP.
It is worth noting that VIP accounts have 9 levels, all of which depend on your trading volume on the platform or your capital in BNB.

For example, VIP level 1 starts from 25 BNB

VIP level 2 starts from 100 BNB

VIP level 3 starts from 250 BNB

VIP level 4 starts from 500 BNB

VIP level 5 starts from 1000 BNB