BNB is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Originally launched in 2017, BNB started as a simple utility token used to pay trading fees at a discount. Over time, it has evolved into a central asset powering the broader Binance ecosystem.
BNB now plays a key role in the BNB Chain — a blockchain network built for fast, low-cost transactions and decentralized applications. Users can stake BNB, participate in launches, pay gas fees, and interact with thousands of projects across DeFi, gaming, and Web3.
Because of its strong ecosystem, consistent token burns (reducing supply), and wide real-world usage, BNB is viewed as one of the more established assets in the crypto market. However, like all cryptocurrencies, it still carries volatility and risk.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#bnb
Here is a short, clean article about BNB:
BNB is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Originally launched in 2017, BNB started as a simple utility token used to pay trading fees at a discount. Over time, it has evolved into a central asset powering the broader Binance ecosystem.
BNB now plays a key role in the BNB Chain — a blockchain network built for fast, low-cost transactions and decentralized applications. Users can stake BNB, participate in launches, pay gas fees, and interact with thousands of projects across DeFi, gaming, and Web3.
Because of its strong ecosystem, consistent token burns (reducing supply), and wide real-world usage, BNB is viewed as one of the more established assets in the crypto market. However, like all cryptocurrencies, it still carries volatility and risk.