$BNB BNB (Binance Coin) is a core cryptocurrency in the Binance ecosystem. Here are some key points about BNB ¹ ²:
- *Uses of BNB*:
- *Trading fees*: BNB can be used to pay trading fees on the Binance platform with a discount of up to 25%.
- *Payments*: BNB can be used for payments at many stores and services.
- *Investment*: BNB can be used to invest in new projects on the Binance Launchpad.
- *BNB Price*: The current price of BNB is around $592.4, with a daily trading volume of approximately $971.6 million.
- *Burn events*: Binance periodically burns BNB to reduce supply and increase value. About 58 million BNB have been burned so far.
- *Future developments*: Binance is working on expanding the uses of BNB and improving the ecosystem, which may positively impact the currency's price.
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