$BNB $BB $ENA #btc BNB powers the Binance ecosystem and is the native currency of the Binance chain and the Binance smart chain, and has many use cases: (for example, using a Binance card or Binance Pay).

Book hotels, flights, and other Binance smart apps (such as games and decentralized applications).

Participate in token sales hosted on the Binance Launchpad.

Donate to Binance Charitable Foundation.

Providing liquidity on the Binance liquidity swap platform. BNB is using an auto-burning system to reduce its total stock to 100,000,000 BNB. The automatic BNB burning mechanism adjusts the amount of BNB coins to be burned based on the BNB price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter. This provides greater transparency and predictability to the BNB community

Lost BNB can also be replaced in eligible cases through the leading BNB burner program. Lost user coins are counted in the official burn count and are replaced with BNB coins

In addition, BNB uses a real-time burn mechanism based on processing fees. A fixed percentage of the processing fees collected in each block is burned, according to a rate determined by BSC auditors.

BNB Advantages

Use BNB to purchase goods and services, settle transaction fees on the Binance Smart Chain, participate in exclusive token sales, and more