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🟡 What is BNB Coin?

BNB is the official cryptocurrency of the Binance platform — one of the largest and most popular crypto exchanges in the world.

Its full name is Binance Coin.

🧾 Quick Facts About BNB:

Symbol: BNB

Issued by: Binance

Launched: 2017

Max Supply: 200 million BNB

Blockchain: Initially on Ethereum (ERC-20), then moved to its own blockchain — BNB Chain (formerly Binance Smart Chain)

🧠 What is BNB Used For?

Trading Fee Discounts:

You get lower trading fees on Binance when you pay with BNB.

Launchpad Participation:

You can invest in new crypto projects through Binance Launchpad using BNB.

Payment:

BNB is accepted as a form of payment on certain websites and platforms.

DeFi & Staking:

You can use BNB in decentralized finance (DeFi) apps built on the BNB Chain.

Burning Mechanism:

Binance regularly burns (destroys) a portion of