🪙 $BNB 🪙
🪙 Binance Coin ($BNB ) is the native cryptocurrency of the Binance ecosystem, launched in 2017 via an Initial Coin Offering (ICO). Initially an ERC-20 token on Ethereum, BNB transitioned to the BNB Chain in 2019, serving as a utility token for transaction fees, staking, and governance within the Binance Smart Chain (BSC) and related platforms like opBNB and BNB Greenfield.
🪙 BNB’s primary function includes offering trading fee discounts on Binance, with a 0.10% maker-taker fee for regular users. It also supports payments, DeFi staking, and participation in Binance Launchpad’s Initial Exchange Offerings (IEOs).
🪙 As of July 2025, $BNB trades at approximately $660, with a market cap of $92.8 billion, ranking it among the top cryptocurrencies. Popular trading pairs on Binance include BNB/USDT, BNB/BTC, BNB/ETH, and BNB/FDUSD, with the BNB/FDUSD pair offering zero-fee trading since December 2023.
🪙 Binance, the largest exchange by volume, lists 408 coins and 1,464 pairs, ensuring high liquidity for BNB trades. The BNB Auto-Burn mechanism reduces supply by burning tokens quarterly, enhancing scarcity.
🪙 Posts on X suggest bullish sentiment, with some predicting BNB reaching $1,000 due to burns and potential ETF developments, though these claims lack confirmation.
🪙 Trading BNB requires a verified Binance account, KYC compliance, and funds deposited via bank transfer or crypto.
🪙 Users can select pairs like BNB/USDT for spot trading or BNB futures for leverage. Always consider crypto’s volatility and conduct thorough research before trading.
