☕....BNB price is $303.14 USDT.
What is BNB?
☕...BNB, also known as Binance Coin, is the native crypto token of the Binance cryptocurrency exchange.
☕...Amid the transition from ERC20 token to Bianance Smart Chain native asset, BNB also became the payment form used on the blockchain for smart contracts and payment of transaction fees. Lately, Binance has introduced an automatic burning mechanism for its crypto token, leaving behind the quarterly burning system.
What is BNB used for?
☕...Binance Coin began as an exchange token, with which people could pay transaction fees on the Binance exchange, among other activities on the company's other platforms. Since its transition to Binance Smart Chain's native token, BNB has also been used for the payment of network fees on the blockchain, similar to ETH on the Ethereum platform.
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