#XXX BNB can be used to pay for Binance DEX trading fees, issue new tokens, send/cancel orders, and transfer assets.

In addition to on-chain functionalities, BNB also has various other use cases, such as fee discounts on multiple trading platforms (like Binance.com), payment assets for third-party services, participation rights, and trading on Binance Launchpad.

The core of the BNB economy is a burning system, which leads to a periodic reduction in its supply (every three months). Starting from an initial maximum supply of 200 million, the burn will continue until the supply is reduced to 100 million.