Here are 10 facts about Binance Coin (BNB):

Native to Binance: BNB is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges

ICO Launch: It was launched in 2017 through an Initial Coin Offering (ICO).

[{"selector":"#anim-c53a6d4f-567f-429d-bf39-fc5703a8a8a5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Dual Blockchain: Originally issued on the Ethereum blockchain, BNB is now the native coin of Binance Chain

[{"selector":"#anim-e3888d5f-dc4f-4f8c-a8cc-185d82de0b8b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Fee Discounts: Holders can use BNB to pay for trading fees on Binance, receiving discounts

[{"selector":"#anim-1566fe44-387d-4657-8b5d-84708a3a133b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Beyond Binance: BNB has utility beyond the Binance exchange

[{"selector":"#anim-de0bd168-8d64-465e-aaa3-2093769e3b5a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Supply Burn: Each quarter, Binance uses a portion of its profits to buy back and burn BNB tokens

[{"selector":"#anim-665d4849-56d4-4d18-8b4c-f6d277155737","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

More Than Trading: BNB is not just a tradable asset; it fuels the Binance ecosystem

[{"selector":"#anim-ea2cb834-73da-42b6-a758-58a9c16c3daf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Evolving Role: The role of BNB is likely to continue to evolve as Binance expands its offerings and services.

[{"selector":"#anim-f4f5e235-a884-44d2-a426-281cc65475a3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Top Coin: BNB is consistently ranked among the top cryptocurrencies by market capitalization.

[{"selector":"#anim-25a65acf-aff0-4159-b050-9d7c2147de83","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}]

Volatile Market: Like other cryptocurrencies, the value of BNB can be volatile and fluctuate significantly.

[{"selector":"#anim-201c4451-a5c4-4c14-964e-0179da482bca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Learn more