$BNB BNB serves several key purposes within the Binance ecosystem. It can be used to pay for trading fees on the Binance Exchange, offering users a discount compared to paying with other cryptocurrencies or fiat currencies. This fee discount incentivizes BNB holders to use the coin, contributing to its utility and demand.  

Beyond trading fees, BNB has expanded its use cases. It can be used for various services on the Binance platform, including staking, lending, and participating in Initial Coin Offerings (ICOs) launched on the Binance Launchpad. These additional applications enhance the value proposition of BNB and provide holders with diverse avenues for utilizing their holdings