Binance Coin

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Binance Coin (BNB) is the native cryptocurrency of the Binance exchange. It serves various purposes within the Binance ecosystem, including reducing trading fees, participating in token sales, and accessing advanced features on the platform. BNB is an example of a utility token. Binance Coin can be used to pay for transaction fees on the Binance exchange, participate in token sales launched on the Binance Launchpad, and as a payment method in select online and offline merchants. Binance Coin website

Synonyms:
BNB
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