BNB — the native token of BNB Chain: it is used to pay for gas in the network, participate in governance, and interact with decentralized applications.
Main advantages (short and to the point):
Low fees and fast network — BNB Chain is EVM-compatible, offers low gas fees, and provides convenience for developers and dApp users.
Discounts and benefits on the exchange — paying fees with BNB provides discounts on trading commissions and can grant access to VIP/Launchpad privileges.
Real payment cases — BNB can be used in Binance Pay, for booking travel, and payments with partners — convenient for those who use the ecosystem.
The burning mechanism — a portion of coins is periodically removed from circulation (auto-burning), which theoretically reduces supply.
A short advice for readers: if you often use Binance or dApps on the BNB Chain, holding some BNB is convenient — but this is not an investment recommendation. Remember to check the risks and do your own research. (not financial advice)
