$BNB
*BNB: The Utility Token of Binance*
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem. Launched in 2017, BNB has grown to become one of the most widely used and valuable cryptocurrencies.
*Key Features:*
- *Utility Token*: BNB serves as a utility token for the Binance ecosystem, offering discounts on trading fees, margin trading, and other services.
- *Tokenomics*: BNB has a deflationary tokenomics model, with Binance burning a portion of BNB tokens quarterly.
- *Growing Adoption*: BNB is increasingly adopted across various industries, including payments, DeFi, and NFTs.
*Benefits:*
- *Discounts*: Holders of BNB can enjoy discounts on trading fees and other services on Binance.
- *Passive Income*: BNB holders can earn passive income through staking and savings products.
- *Growing Ecosystem*: BNB's growing adoption and use cases contribute to its increasing value.
*What's Next:*
- *Binance Ecosystem Expansion*: Binance continues to expand its ecosystem, increasing BNB's utility and adoption.
- *New Use Cases*: BNB's use cases are expanding beyond Binance, with growing adoption in various industries [1].