$BNB 🔹 What is $BNB?
BNB (formerly Binance Coin) is the native token of the Binance ecosystem, created in 2017. But today it is not just a discount on fees — it is a full-fledged crypto ecosystem.
🔧 Uses of BNB:
💸 Payment of fees on Binance with a discount
🎮 Trading, staking, farming on Binance Earn
🌐 Fees on BNB Chain (formerly Binance Smart Chain)
🛒 Payments in hundreds of services: from travel to gaming
🎁 Participation in launchpads and token sales
📈 Technical Side:
Total supply is capped: 200 million → ongoing quarterly burns ♻️
Ticker: BNB
Chain: BNB Smart Chain (BSC)
Standards: BEP-2 (Binance Chain), BEP-20 (BSC)
🔥 Why is $BNB popular?
✅ Center of all Binance products
✅ Low fees, fast transactions
✅ Developed DeFi, NFT, GameFi ecosystem
✅ Extensive community support
⚠️ But don't forget:
BNB is not just about profit, but also about risks. Regulatory challenges surrounding Binance can impact its price. 🧯
📊 Fact:
At its peak, $BNB was among the TOP-3 cryptocurrencies in the world by market capitalization!