Binance Coin ($BNB ) is the native token of Binance, the world’s largest cryptocurrency exchange, and plays a crucial role within the Binance ecosystem. While BNB serves multiple functions, such as reducing trading fees and enabling participation in token sales on Binance Launchpad, it is also widely used by investors to gain exposure to the growth and success of the exchange itself. As of December 14, 2024, Binance Coin's price has experienced a slight decrease of 1.55% in the past 24 hours, trading at $707.25. Despite this short-term fluctuation, BNB remains a key asset for both the exchange and its investors.

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