BNB

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BNB (formerly Binance Coin) is the native cryptocurrency of the Binance Chain and Binance Smart Chain (BSC), launched by the popular cryptocurrency exchange Binance in 2017.

  • Discounted trading fees: Users holding BNB receive discounts on trading fees on the Binance exchange.
  • Network fees: BNB is used to pay transaction fees on the Binance Chain and BSC.
  • Access to features: Holding BNB can unlock additional features and functionalities within the Binance ecosystem.