BNB (formerly Binance Coin) is a cryptocurrency created by the Binance exchange, acting as its native token for the BNB Chain ecosystem, used for discounted trading fees, gas fees on the network, payments (Binance Pay, Travala), and powering DApps, NFTs, and DeFi applications, evolving from an ERC-20 token to the core of a large, independent blockchain network for diverse crypto activities.
Key Functions & Uses:
Trading Fee Discounts: Get reduced fees for
JUV
0.841
+36.30%
KNCUSDT
Perp
0.2501
-0.16%