#BNBLAUNCHBNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges in the world. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB later transitioned to Binance's proprietary blockchain, Binance Chain, and Binance Smart Chain (BSC). BNB plays a critical role in the Binance ecosystem, offering various use cases for traders, investors, and blockchain developers.Key Features of BNB Coin:Trading Fee Discounts: One of the primary utilities of BNB is offering discounted trading fees on the Binance exchange. Users who pay fees with BNB can enjoy reductions of up to 25%, making it highly attractive for frequent traders.Binance Smart Chain (BSC): BNB serves as the primary currency on BSC, a blockchain optimized for decentralized applications (DApps) and smart contracts. With lower fees and faster transaction times compared to Ethereum, BSC has become a popular choice for DeFi (Decentralized Finance) projects.
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