$BNB What is it?

Full Name: Binance Coin

Ticker: $BNB

Blockchain: BNB Smart Chain (BSC)

What is it used for?

Fee discounts on Binance

Discounts are available when paying fees on Binance exchange while trading $BNB

Usage in DeFi apps

It is used for liquidity, staking, and governance in projects built on BNB Smart Chain

Required to participate in new token launches (IEO) by Binance

Global payments and transfers

Fast transfers possible with low fees

Usage in NFTs, games, and dApps

For NFT minting, trading, and blockchain gaming in the BSC ecosystem

📉 Tokenomics (until 2025)

Total Supply: Approximately 200 million

Circulating Supply: ~147 million

Quarterly Burn Mechanism:

Binance permanently burns BNB by buying it back from its profits every quarter

Ultimate goal: To limit supply to 100 million BNB

🧠 Is $BNB a good investment?

Linked to Binance's popularity (the world's largest exchange)

Fast, cheap, and scalable network (BSC)

Deflationary mechanism (burning)

High utility – fees, dApps, NFT, etc.

Risks:

Regulatory pressure on Binance has increased in the US/EU/India

If Binance faces losses, BNB will be directly affected