The currency (Binance Coin)$BNB is the native digital currency of the Binance platform, one of the largest cryptocurrency trading platforms in the world. It was launched in 2017 and initially operated on the Ethereum network (ERC-20), but later migrated to its own Binance Chain and further expanded through the BNB Smart Chain (BSC).
Features of the currency $BNB as you have never heard before:
Reduced trading fees: Binance users receive discounts when using BNB to pay fees.
Investment and participation: It is used in lending platforms, Staking, and joining new projects through Binance Launchpad.
Payments: It can be used as a means of payment at many stores and websites.
Coin burning: Binance periodically burns a portion of BNB to reduce supply and increase value in the long term.
Market capitalization:
$BNB is considered one of the top 5 cryptocurrencies by market capitalization and is regarded as a strong currency in the cryptocurrency ecosystem, especially due to its close association with the activity of the Binance platform.