BNB (Binance Coin) is the native currency of Binance, and is used to reduce trading fees on the platform and enjoy additional benefits. BNB commission offers several benefits to users, including:
Reduced trading fees: Users can pay trading fees using BNB and get a discount on the standard trading fees. This discount varies depending on how long you have owned the currency; in the early years, the discount reached 50% and gradually decreases.
Reduced fees on various products: BNB supports discounts on multiple products within the Binance platform, such as the Binance Launchpad platform for investing in startups, and Binance Earn for savings and investment products.
Use in other financial products: Binance offers options such as staking and lending, where users can earn rewards by storing BNB or using it as collateral for cryptocurrency loans.
Various uses outside the platform: As it spreads, BNB is accepted in services and fees outside Binance, such as travel and digital services.
BNB offers trading fee facilities and various benefits, making it beneficial for regular Binance users and crypto investors.
$BNB #BinanceTurns7 #MarketDownturn #ربح #متداول #money