Here’s the latest expansive universe of the use cases for Binance Coin (BNB). Thanks to Binance Chain, this universe just got a whole lot bigger.
The last time Binance provided a list of use cases for Binance Coin (BNB), around late March, we counted around 55 use cases for storing, using, and spending BNB. This time, we’re counting at least 83. This means that since we last wrote about #UseBNB on this blog, we’ve increased the number of use cases for BNB by more than 50%. You can see the list of all projects using BNB in the image below.
(By the way, if you think we missed a particular use case on this image above, feel free to @ us on Binance’s Twitter account.)
In this blog, we will highlight some of the latest additions to the use cases for BNB.
Most of the growth in BNB use cases can be attributed to one thing: Binance Chain. Since this community-built blockchain launched on mainnet in late April, many blockchain projects have been interested in trying out this high-performance blockchain for issuing and exchanging crypto tokens. Since then, we saw at least 24 projects publicly declaring that they are issuing tokens on Binance Chain.
How does that increase the use cases for BNB? Simply put, as BNB is the native token of Binance Chain, all transactions involving tokens on the Binance Chain will use BNB to pay for fees on the network. As more projects use Binance Chain and more people use the tokens on the blockchain, more BNB ends up being used.
Here are the blockchain projects that are using Binance Chain to issue their tokens.
We thank these blockchain projects for using Binance Chain. And for those who want to find out what Binance Chain can do for your blockchain project, join the conversation here at https://community.binance.org/.
New BNB Use Cases
Since the last time we enumerated the use cases for BNB, we have been in constant communication with various projects that are interested in working with us. We want to leverage BNB’s current No. 7 rank to find more use cases for our native token, for the benefit of Binancians everywhere. Here are some projects and solutions where you can now use, store, or spend BNB:
Entertainment: Machi X, PlayGame
Payment: BayPay, Coinify, HTC Exodus
Services: BitTorrent, PureVPN, Centerserv
Wallet: Infinito Wallet, Zelcore, Exodus, Math Wallet, Magnum Wallet, Hoo Wallet, Ellipal Wallet, Guarda Wallet, Meet.one
Exchange: Bitmax, Changelly, Indodax, Bitmoon, Aliniex, FinanceX
This use case list is by no means exhaustive, as we are aware that there are other BNB use cases that we have yet to cover. If you think we missed a particular BNB use case, or if you’re interested in adding one, let us know at our Twitter account, using the #useBNB hashtag.
For more information, check out all the ways you can use, buy, and store BNB here.