What Is the Binance Coin (BNB)?
Key Takeaways BNB is the native token of the Binance ecosystem and BNB Chain, used for trading fee discounts, transaction fees, payments, and decentralized finance....
Key Takeaways BNB is the native token of the Binance ecosystem and BNB Chain, used for trading fee discounts, transaction fees, payments, and decentralized finance. A built-in burn mechanism steadily removes BNB from circulation, aiming to cut the original supply in half and create long-term scarcity. BNB's value is tightly linked to Binance itself, which brings strong utility and liquidity but also real regulatory and centralization risks. In This Article More Than a Discount Token Binance Coin at a Glance The Origin Story: From ICO to Ecosystem How BNB Works The BNB Burn Mechanism What Is BNB Used For?