$BNB Coin: More Than Just Binance’s Native Token
BNB (Build and Build) started as the native token of the Binance exchange, but it has grown into a powerful utility token with a wide range of use cases. Originally launched as an ERC-20 token in 2017, BNB now fuels the BNB Chain ecosystem—enabling smart contracts, DeFi apps, and NFTs.
Here’s what makes $BNB stand out:
Reduced Fees: BNB holders enjoy discounted trading fees on Binance.
Transaction Power: BNB is used to pay gas fees on BNB Smart Chain, making it a key asset in decentralized applications.
Burn Mechanism: Binance routinely burns BNB to reduce supply, potentially increasing its value over time.
Expanding Utility: From crypto payments and loans to NFTs and gaming, BNB’s use cases are constantly growing.
As the Web3 space evolves, BNB continues to be a key player in the shift toward decentralized finance and infrastructure.
Always do your own research before investing. Crypto markets are volatile and carry risks.