$BNB $BNB $BNB
BNB is the native cryptocurrency of the Binance ecosystem, primarily used on the Binance Exchange and Binance Smart Chain (BSC). It was originally launched in 2017 as an ERC-20 token on the Ethereum blockchain but later migrated to Binance’s proprietary blockchain
Key Features of BNB:
1. Utility on Binance Platform:
Users can pay for trading fees on the Binance Exchange at a discounted rate when using BNB.
It is also used for transaction fees, staking, and liquidity provision on Binance-related products.