$BNB BNB (Binance Coin)

BNB is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges globally. Initially created as a utility token for discounted trading fees, BNB has evolved into a versatile asset with various use cases.

Key Features

- *Utility*: BNB offers discounts on trading fees, making it attractive for frequent traders.

- *Token Burns*: Binance regularly burns BNB tokens, reducing the total supply and potentially increasing its value.

- *Ecosystem Expansion*: BNB is used for various applications within the Binance ecosystem, such as Binance Smart Chain (BSC).

Use Cases

- *Trading Fees*: Pay for trading fees on Binance with discounts.

- *Token Sales*: Participate in token sales on Binance Launchpad using BNB.

- *Binance Smart Chain*: Use BNB for transactions and interactions on BSC [6].