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What is BNB?
BNB, or Binance Coin, is a cryptocurrency created by Binance.
Binance Coin (BNB) powers the Binance Ecosystem. As the native coin of Binance Chain, BNB has multiple use cases: fueling transactions on the Chain, paying for transaction fees on Binance Exchange, making in-store payments, and many more.
All The Ways You Can Use BNB
This is the list of all the existing uses and functions of BNB, categorized
into three: useBNB, buyBNB, and storeBNB.
Where you can use BNB
How and where you can buy BNB
Store BNB on various wallets that support ERC20 tokens
Trust Wallet
Enjin Wallet
Trezor Wallet
Ledger Wallet
Jaxx
CoolWallet S
Metal Vault
BRD
Gifto
Request Wallet
Ethos Universal Wallet
WinQ
Atomic Wallet
Clay
Coinomi
Blox.io Wallet
BNB Burning Mechanism
Binance plans to destroy BNB each quarter based on the trading volume on our exchange,
until 50% of the total BNB supply (100 million BNB) is burned. All transactions will be recorded on the blockchain.
Eventually, only 100 million BNB will remain in circulation.
1
>
986,000 BNB
we have completed our 1st quarter token burn of 986,000 BNB.
2
>
1,821,586 BNB
we have completed our 2nd quarter token burn of 1,821,586 BNB.
3
>
2,220,314 BNB
we have completed our 3rd quarter token burn of 2,220,314 BNB.
4
>
2,528,767 BNB
we have completed our 4th quarter token burn of 2,528,767 BNB.
5
>
1,643,986 BNB
we have completed our 5th quarter token burn of 1,643,986 BNB.
6
>
1,623,818 BNB
we have completed our 6th quarter token burn of 1,623,818 BNB.