#BNB_Market_Update (Binance Coin) – Overview
#BNB_long BNB is the native cryptocurrency of the Binance ecosystem. It was launched in 2017 and is now one of the top cryptocurrencies by market cap.
🔹 Key Uses of
#BNB走势 Trading Fee Discounts – Users get lower fees when paying with BNB on Binance.
Gas Fees – Used to pay transaction fees on BNB Smart Chain (BSC).
Staking & DeFi – Can be staked or used in DeFi apps.
Launchpad Participation – Required for token sales on Binance Launchpad.
Payments – Accepted by some merchants and services worldwide.
#BNB_Smart_Chain (BSC)
BNB powers BSC, which supports:
Smart contracts
dApps (decentralized apps)
NFTs
DeFi platforms
It is known for low fees and fast transactions compared to some other blockchains.
🔹 Token Burn Mechanism
Binance regularly burns (permanently removes) BNB tokens to reduce supply, which may increase scarcity over time.
🔹 Important Facts
Initially launched as an ERC-20 token on Ethereum
Later migrated to Binance’s own blockchain
Fixed maximum supply: 200 million BNB (with ongoing burns reducing circulating supply)
If you want, I can also share:
📊 Latest BNB price update
📈 Future outlook analysis
📰 February 2026 BNB news update