#BTCOutlook Trading fees: #BNB can be used to pay transaction fees on Binance, which can result in lower trading and transaction costs. 

Discounts: BNB users can benefit from offers and discounts on the platform. 

Exchanging: BNB can be exchanged or traded for other cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. 

Paying for goods and services: BNB can be used to pay for goods and services. 

Participating in token sales: BNB can be used to participate in token sales. 

Buying virtual gifts: BNB can be used to buy virtual gifts. 

Making loans and transfers: BNB can be used to make loans and transfers. 

Making credit card payments: BNB can be used to make credit card payments. 

BNB was initially on the Ethereum network, but was moved to Binance's own blockchain, the Binance Chain, in September 2020.