$BNB
💛 BNB Coin (Build and Build) – Explained
(Native token of Binance, one of the biggest players in crypto)
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🔹 What is BNB?
BNB (Build and Build) is the native cryptocurrency of the Binance ecosystem.
Originally launched in 2017 as Binance Coin, it powers everything from trading fees to DeFi to NFTs within Binance and beyond.
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🔸 BNB Use Cases:
Use Case Description
💸 Trading Fee Discounts Get up to 25% off on Binance trading fees
🔗 BNB Smart Chain (BSC) Pay gas fees for DeFi apps like PancakeSwap
📈 Launchpad & Staking Use in token sales or stake for rewards
🛍️ Shopping & Payments Accepted on sites like Travala, Crypto.com, and others
🔥 Token Burn (Deflation) Binance burns BNB every quarter to reduce supply
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📊 BNB Coinomics:
Max Supply: 200 million
Circulating Supply (2025): ~147 million
Type: Deflationary — BNB is regularly burned to decrease supply
Chains:
BNB Beacon Chain (for governance/validators)
BNB Smart Chain (BSC) – compatible with Ethereum
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✅ Why BNB is Important:
It's deeply integrated into Binance’s exchange, launchpad, DEX, and smart chain.
Massive utility in DeFi, GameFi, and NFTs on BSC.
Trusted brand with one of the world’s largest user bases.
Deflation model through token burns supports long-term value.
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⚠️ Risks to Know:
Heavily tied to Binance's performance/regulation
Not as decentralized as Ethereum or Bitcoin
Smart chain has had some high-profile exploits (e.g., bridge hacks)
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🧠 Pro Tip:
Holding BNB can be great for frequent Binance users — but always diversify and research before long-term investing.
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