Token.

If you are using the Binance platform, it's essential to know about BNB because it is the platform's own coin and comes with many benefits that will help you even if you are a beginner.

What is BNB?

BNB stands for Binance Coin, which is a cryptocurrency tied to the Binance platform.

It was originally on the Ethereum network, then it got its own network called BSC (Binance Smart Chain).

Why is it important? What are its benefits?

1. Savings on fees.

When you buy or sell on Binance, they charge you fees. If you have BNB, the fees are reduced by 25%.

This means: You save money every time you trade.

2. You can use it in many projects.

BNB is not just for trading.

In games, projects, digital wallets, and websites that accept it as a payment method.

3. Involves Launchpads.

Binance sometimes launches new coins, allowing BNB holders to be the first to buy them.

4. Suitable for storage.

Many people store BNB long-term because it is tied to the platform itself, and as Binance grows, the value of BNB increases.

What is its price?

Currently, in May 2025, its price is around $620 (it changes over time).

But you don’t have to buy a whole coin; you can buy a fraction of it, like 0.1 BNB or less.

Where do you buy it?

Buy USDT first, then convert it to BNB from within Binance.

Or you can buy BNB directly if you can.

Are there other ways besides buying?

1. Learn & Earn.

Binance provides educational lessons; you attend and answer a quiz, and they give you free coins.

2. Competitions and Rewards.

Many times Binance holds events with prizes, such as trading a specific coin or referring friends.

3. Airdrops.

Some new projects distribute coins for free to users who have wallets or interact with them.

4. Referral Program.

When you invite someone to register on Binance with your link, and they trade, you receive a percentage of their commission as BNB or USDT.

5. Staking or Flexible Savings.

You can put your coins for saving or temporary storage, and they'll give you small profits on them.

Final advice:

Start learning before you begin to buy, and let your entry into the market be based on understanding, not haste.

And profits don't come quickly, but patience and planning are the secrets to success in crypto.

And for courses and prizes, keep following the platform. Binance launches new courses without prior announcement, and the opportunity passes quickly.