During the gold rush of the 19th century, the most reliable profit came not from the prospectors but from the merchants selling shovels and jeans. In the crypto space, exchanges play this role.
Regardless of whether the coin price rises or falls, as long as there are trades, the exchange can earn transaction fees. Large exchanges issue their own 'platform tokens' to retain users; holding these tokens can offset transaction fees and participate in new coin subscriptions (Launchpad), etc.
Binance Coin (BNB) BNB is the platform token of the world's largest exchange, Binance. Its value is deeply tied to Binance's revenue capabilities. Besides being used on the exchange, BNB is also the fuel on the Binance Smart Chain (BSC). If you believe that cryptocurrency trading volume will continue to grow, investing in the platform token of a leading exchange is like buying stock in a casino.
