Application scenarios and value of Binance Coin (BNB)

Application scenarios and value of Binance Coin (BNB)

Binance Coin (BNB) is the native token issued by Binance Exchange , has a wide range of application scenarios and values, including:

Transaction fee discount:

• Use BNB to pay fees in Binance transactions to enjoy discounts, up to Up to 25%.

Staking Mining:

• Staking BNB can participate in Binance Launchpool and Launchpad and have the opportunity to receive rewards for new project tokens.

Payment Instruments:

• BNB can be used to pay for goods and services from services like Binance Pay, Binance Card and Travala.

Travel Booking:

• Use BNB to get discounts and rebates when booking travel through Binance Travel.

Decentralized Applications (dApps):

• BNB can be used in dApps running on Binance Smart Chain (BSC), e.g. Decentralized exchange (DEX) and lending platform.

Store of Value:

• BNB has a limited total supply, making it a potential store of value. Its value is primarily determined by the growth of the Binance exchange and adoption by the BSC ecosystem.

Other application scenarios:

• Charitable donation: BNB can be used to donate on Binance Charity.
• Membership Card: Users who hold BNB can get Binance VIP membership and enjoy higher transaction limits and exclusive benefits.
• Tokenomics: BNB holders participate in Binance’s governance and ecosystem construction.

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