๐ถ BNB โ The cryptocurrency supported by Binance ๐ถ
BNB (Binance Coin) is the native cryptocurrency of the Binance platform, launched in 2017 as part of an integrated ecosystem. It started as an ERC-20 token on the Ethereum network and later migrated to the BSC (Binance Smart Chain), which is known for being faster and less expensive in terms of fees.
BNB is used for various purposes, such as paying trading fees on Binance with discounts, participating in launch projects (Launchpad), and paying transaction fees on the BSC network. It is also used in gaming, NFTs, and decentralized financial services (DeFi).
โ Tip: With the growing use of BNB in the digital ecosystem, the currency may represent a strong investment opportunity, but risks should always be managed, and you should ensure you understand the project.
๐ BNB is not just a currency, but a key to the DeFi world!
lagrangedev@Lagrange Official