Liidongxu

About Binance Coin (BNB)

1. What is BNB?

Binance Coin (BNB) is the native cryptocurrency of Binance.

It is used for trading fee discounts, payments, and more.

2. BNB Use Cases

Trading Fees – Get discounts when using BNB for fees.

Payments – Accepted by merchants and services worldwide.

Binance Smart Chain (BSC) – Powers DeFi projects and smart contracts.

Token Sales – Used in Binance Launchpad for new crypto projects.

3. BNB Supply & Burning

Binance conducts periodic burns to reduce supply.

This helps maintain scarcity and potential value appreciation.

4. Investment Considerations

BNB price is influenced by Binance’s growth and demand.

Always assess risks before investing.

BNB remains one of the most widely used utility tokens in the crypto space.

$BNB

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