BNB

A few years later, the BNB project evolved into the utility token of the BNB Chain network, where you can use BNB to pay for blockchain fees and engage with decentralized finance (DeFi) products. BNB Chain operates with a community-driven approach, allowing anyone to become a network validator through BNB stakes.

BNB has multiple use cases. It's used as a utility token that can be used to:

• Pay for transaction fees on the BNB Chain;

• Pay for goods and services for both online and in-store purchases (e.g., using Binance Pay);

• Community utility token on the BNB Chain ecosystem (used in games, DApps, etc.);

• Participate in token sales hosted on the Binance Launchpool;

• Donate via Binance Charity;

• Provide liquidity on DeFi platforms;

• Give Binance users discounts on trading fees (check the Fees page for more details).