Native asset of the BNB Chain ecosystem and Binance exchange.
BNB started as the utility token of the Binance exchange in 2017 and has since become the native gas token of the BNB Smart Chain, a Layer 1 EVM-compatible network.
Holders use BNB for trading fee discounts on Binance, transaction fees on BNB Chain, and access to token launches. Binance regularly burns BNB tokens to reduce circulating supply.
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Disclaimer: The content on this page is for educational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile. Always do your own research and never invest more than you can afford to lose. See our methodology for details on how we generate analysis.
