What is BNB?

Post

Posted
Rating:
#500 (In Topic #441)
Avatar
Site director
CryptoAdmin is in the usergroup ‘Administrators’

Benefits of BNB

What is BNB?


BNB is the cryptocurrency coin that powers the BNB Chain ecosystem. As one of the world's most popular utility tokens, not only can you trade BNB like any other cryptocurrency, you can also use BNB in a wide range of applications and use cases. Click here to learn more about BNB.

Benefits of BNB
Use BNB to pay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more.

Learn more about BNB and start saving on trading fees.

Save25%
On Spot Trading fees

Save25%
On Margin Trading fees

Save10%
On Futures Trading fees
  • Save even more on trading fees by qualifying for our VIP Program
  • Earn up to 40% commission via our Referral Program
  • Stake BNB in one click to earn rewards using BNB Vault
  • Lend through new token farming opportunities on Binance Launchpool
  • Access exclusive token sales on Binance Launchpad
  • Spend your BNB at more than 60 million merchants worldwide with Binance Visa Card
  • Send and receive crypto payments with Binance Pay
  • Apply for crypto loans using Binance Loan
  • Stake BNB to earn rewards and help secure the BNB Chain ecosystem
  • Earn a flexible percentage yield by depositing BNB on select BNB Chain projects

BNB Burns
BNB uses an Auto-Burn system to reduce its total supply to 100,000,000 BNB. The BNB Auto-Burn mechanism adjusts the amount of BNB to be burned based on BNB’s price and the number of blocks generated on BNB Smart Chain (BSC) during the quarter. This offers greater transparency and predictability to the BNB community.

BNB lost in eligible cases can also be reimbursed through the BNB Pioneer Burn Program. This counts users’ lost coins towards the official burn count and reimburses them with BNB.

BNB additionally uses a real-time burning mechanism based on gas fees. A fixed ratio of the gas fee collected is burned in each block, with the ratio decided by BSC validators.
You can learn more about BNB burns at https://www.bnbburn.info/.

How to Use BNB
Explore the ever-growing list of ways you can use BNB: Payment | Travel | Entertainment | Service | Finance

Pundi X
Pay via XPOS

Monetha
Pay in BNB at Monetha merchants

HTC
Buy a smartphone

Coinpayments
Pay in BNB

CoinGate
Pay in BNB

Coinify
Pay in BNB

NOWPayments

Pay in BNB and BUSD
If you want to integrate BNB into your product or platform, contact us at business@binance.com

 
1 guest and 0 members have just viewed this.
Control functions:

Contract Quick reply