The #BNB has established itself as a powerful utility token, offering a wide range of benefits for holders on Binance.
Pay your transaction fees in BNB on the BNB Chain: just like on Ethereum where transaction fees are paid in Ether, BNB allows you to pay transaction fees on the BNB Chain blockchain.
Trading fee discounts: One of the main advantages of holding BNB is the ability to save up to 25% on Spot and Margin trading fees on Binance. Traders can also obtain even greater discounts through Binance's VIP program. If you are a regular user of the platform, it can be a profitable choice.
Participation in crypto Airdrops: Binance regularly organizes crypto Airdrops. Through its Binance Launchpool platform as well as its HODLer Airdrop, Megadrop, and other programs. BNB holders can participate in these Airdrops simply by depositing them on Binance Earn in a locked product.
VIP benefits and exclusive privileges. Holding BNB can also allow you to reach a higher VIP level on Binance. This gives you access to additional trading benefits, exclusive events, and premium customer support.