What is BNB Token?

Modified on Fri, 24 Mar 2023 at 06:54 PM

BNB is called the native coin of the Binance Chain and it empowers the Binance Ecosystem. It can also be used in many different ways as shown below.

  • Investors can use BNB when paying trading fees on the Binance Exchange.
  • BNB can be used for enrolling in token sales launched on the Binance Launchpad.
  • BNB is becoming a more universal payment method to pay as more vendors are willing to accept this currency nowadays.
  • Binance DEX (Binance Decentralized Exchange) is powered by BNB.

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