Binance Coin will undergo a Serenget hard fork on April 18

Binance Coin will undergo a significant upgrade as part of the upcoming Serengeti hard fork from BNB Greenfield. The testnet for this hard fork is scheduled to launch on April 18th at 7am UTC. Following the testnet, the mainnet is expected to go live on April 29th at 7am UTC.

Refer to the official BNB tweet

BNB is a native coin that powers the BNB Chain ecosystem, including BNB Beacon Chain and BNB Smart Chain. It serves several functions such as reducing trading fees on the Binance exchange, paying transaction fees on both BNB Beacon Chain and BNB Smart Chain, and is also used in games and DApps in the BNB Chain ecosystem. It is also used to participate in the token sales held on Binance Launchpad and provide liquidity on the Binance Liquid Swap. In addition, BNB can be used for real-world applications, including online and in-store purchases and travel bookings on platforms such as Travala.com.

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