BNB: The Fuel of Binance
Binance Coin is the native cryptocurrency of the Binance exchange platform. Originally created to pay fees on the platform, its utility has evolved significantly. Today, it is used for a wide range of services within the Binance ecosystem, such as staking, lending, and payments on the Binance Smart Chain (BSC) blockchain.
One of the most popular blockchains, BSC allows for the creation of smart contracts and decentralized applications (dApps) quickly and cheaply. It plays a fundamental role in this ecosystem, as it is used to pay gas fees on BSC.
In short, it is much more than just an exchange currency. It is a versatile digital asset with multiple uses within the Binance ecosystem and beyond.
