$BNB
BNB
596.58
-14.45%
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem and the main token of $BNB Chain. It is widely used to pay trading fees on Binance with discounts and as gas fees for transactions on BNB Chain.
$BNB also offers earning opportunities through Binance Earn, including staking, savings, and Launchpool participation. One of its key features is the token burn mechanism, where Binance regularly removes BNB from circulation, reducing supply over time.
Due to its strong utility, low fees, and support from the world’s largest crypto exchange, BNB remains one of the most important and popular cryptocurrencies in the market.
Disclaimer: This article is for educational purposes only.