What is BNB really used for?
Paying fees: Its primary use remains to obtain discounts on fees when trading on Binance.
Boosting the BNB chain: It is essential for paying transactions and gas fees within this growing ecosystem.
Access to exclusive opportunities: BNB holders can participate in token sales of new projects through Binance Launchpad.
Governance: It allows its holders to participate in the decentralized decisions of the chain.
Means of payment: More and more merchants and platforms accept BNB as a form of payment.
An interesting fact: the "burn" of BNB
Binance periodically "burns" or destroys a portion of its profits in BNB. This process reduces the total amount of coins in circulation, which can increase its scarcity and potentially its long-term value. The ultimate goal is to reduce the total supply from 200 million to 100 million BNB.
And you, what do you think of BNB? Do you see it as a good investment or just as a tool to get discounts? Share your opinion in the comments!
