BNB is a digital currency issued by Binance - one of the world's leading cryptocurrency exchanges. Binance Coin (BNB) is issued on the Binance Smart Chain (BSC) blockchain and is used as a means of payment and discount on the Binance exchange. In addition, it is also considered one of the most important cryptocurrencies in the DeFi market.
The Binance ecosystem was launched in 2017, providing users with a range of cryptocurrency trading services, including buying, selling, depositing, withdrawing, and exchanging cryptocurrencies. In addition, Binance also offers users many other tools and services such as cryptocurrency wallets, education centers, and investment advice.
One of the unique features of Binance is the trading fee discount program. Users who use BNB to pay transaction fees on Binance will receive a discount of up to 25%. In addition, BNB is also used to participate in promotions, discounts, and other events on the Binance exchange.
Binance has created a multi-service ecosystem with many different products and services such as Binance Academy, Binance Launchpad, Binance Labs, Binance Charity Foundation, and Binance X to support the development and expansion of the cryptocurrency ecosystem. With rapid development and community support, Binance and BNB are becoming one of big names in the cryptocurrency industry.