$BNB BNB was launched in 2017 as a utility token to offer discounts on trading fees within the Binance exchange. Since then, it has evolved into a multi-purpose token powering various functions across the Binance Smart Chain (BSC) and Binance’s entire ecosystem.

🔥 Key Uses of BNB

1. Trading Fee Discounts

BNB holders get reduced fees when trading on Binance.

2. Transaction Fees on BSC

It’s used to pay gas fees for transactions on the Binance Smart Chain, known for fast and low-cost operations.

3. Token Launchpad Participation

Users can use BNB to join new crypto project launches (IEOs) on Binance Launchpad.

4. DeFi & dApps

BNB powers many decentralized finance applications, lending platforms, and games built on the BSC network.

5. Real-World Use