$BNB

#BNB coin :

BNB, or Binance Coin, is the native cryptocurrency of the Binance exchange, one of the largest in the world. Created in 2017, BNB was initially based on the Ethereum blockchain before becoming the native currency of the Binance Chain.

Institute of Corporate Finance

BNB offers several utilities, including:

Payment of transaction fees: Users can pay fees on the Binance platform with BNB and benefit from discounts.

Trading: BNB can be exchanged for other cryptocurrencies on various platforms.

Payments: Some merchants accept BNB as a means of payment, thus offering increased flexibility.

Travel reservations: BNB can be used to book hotels and flights on certain partner sites.

Investments: Some platforms allow you to invest in stocks, ETFs, and other assets using BNB.

Loans and transfers: BNB can be used as collateral for loans on some platforms, and apps allow you to split bills and pay friends and family in BNB.