#TradingTypes101
1. Fast Transactions:
If you are using BNB for trading on Binance, you will be able to access the platform's matching engine, which can support up to 1.4 million orders per second. You can always find the trade you want, and using BNB makes it faster and more reliable.
2. Security:
Binance already has millions of cryptocurrency users and traders who rely on the platform and trust its security and protection features. Binance uses a multi-tier and multi-cluster system architecture and a Secure Asset Fund for Users (SAFU) to keep funds safe.
3. Discount on Trading Fees:
BNB offers a 50% discount on trading fees, as mentioned earlier.
4. Participation in ICOs / IEOs:
Binance Launchpad also hosts new token sales where BNB can be used to purchase a stake in a new cryptocurrency coming to trade on the platform. Previously, many of these new digital currencies have been added to the Binance platform.