BNB is the coin that powers the BNB Chain — a blockchain network built by Binance, one of the largest crypto exchanges in the world.
Think of BNB as a fuel-and-discount token rolled into one. You spend small amounts to pay for transactions on BNB Chain (the way you'd pay gas in a car), and you can also use it to get a discount on trading fees at Binance.
BNB Chain itself is designed to feel like Ethereum but cheaper and faster: apps written for Ethereum can usually run on it with little change, and a typical transaction costs pennies instead of dollars.
That mix — a working chain, low fees, and a giant exchange behind it — is why BNB is one of the most widely held coins after Bitcoin and Ethereum.
Continue reading with Pro
Tokenomics breakdown, risk factors, competitive landscape, and advanced technical analysis.
$9/mo after 7 days · Cancel anytime
Deep Dive analysis
Keep exploring:
Related explanations
You just read BNB
Here’s what’s related:
MidnightNIGHTMidnight (MDT) is a cryptocurrency . Users are able to generate MDT through the process of mining. Midnight has a current supply of 1,451,629. The last known price of Midnight is 0.00011339 USD and is up 0.15 over the last 24 hours.
LayerZeroZROLayerZero [enables seamless cross-chain transactions and state transitions](https://chainclarity.io/layerzero).
Skey NetworkSKEYSkey Network aims to bridge the gap between digital assets and real-world IoT devices through the innovative use of blockchain technology and decentralized ecosystems.
