#Crypto2025Trends Native Cryptocurrencies of Binance: BNB and its Derivatives
Binance is not only one of the largest cryptocurrency exchange platforms in the world, but it also has its own native cryptocurrencies, which are fundamental to the ecosystem. These coins, led by Binance Coin (BNB), offer various functionalities within and outside the platform. Below, we will explore these coins and why they can be profitable for investors.
Native Cryptocurrencies of Binance
1. Binance Coin (BNB):
Main use:
BNB is the native cryptocurrency of Binance and is primarily used to pay fees on the exchange with significant discounts.
Highlighted features:
Participation in token launches on Binance Launchpad.
Use on Binance Smart Chain (BSC) for transactions and decentralized application (dApp) development.
Compatible with services outside of Binance, such as payments and travel.
Burn mechanism:
Binance burns a certain amount of BNB quarterly to reduce its total supply, which increases its scarcity and, potentially, its value.
Profitability:
BNB has shown impressive growth since its launch and continues to be one of the most used coins in the crypto ecosystem.
Binance USD (BUSD):
Main use:
Stablecoin backed 1:1 by US dollars, designed to maintain stability in a volatile market.
Highlighted features:
Use in trading, especially to protect capital during market downturns.
Participation in services such as savings, staking, and loans within Binance.
Regulation:
BUSD is regulated by the New York Department of Financial Services (NYDFS), which increases investor confidence.
Profitability:
Although it does not generate significant profits on its own, it is a key tool for trading and arbitrage strategies.
Why Invest in Binance's Native Cryptocurrencies?
