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BNB Token Utility Guide

Discover why BNB is essential for every Binance user. Fee discounts, Launchpool, burns, and more.

Buy BNB on Binance

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What is BNB?

BNB (originally Binance Coin) is the native cryptocurrency of the Binance ecosystem. Originally created as a utility token for fee discounts, it has evolved into one of the most versatile tokens in crypto - powering the BNB Chain, enabling DeFi applications, and providing numerous benefits to Binance users.

#4

Market Cap Rank

50M+

BNB Burned

200M+

Binance Users

$5B+

BNB Chain TVL

BNB Utility & Benefits

Why every Binance user should hold BNB

25% OFF

Trading Fee Discount

Pay trading fees with BNB and get 25% discount on all spot and futures trades.

Free Tokens

Launchpool Access

Stake BNB to farm new tokens for free before they list on Binance.

Early Access

Launchpad Participation

Hold BNB to participate in token sales at discounted prices.

Deflationary

Quarterly Burns

Binance burns BNB quarterly, reducing supply and potentially increasing value.

Low Fees

BNB Chain Gas

Use BNB to pay for transactions on BNB Chain (BSC) - one of the largest DeFi ecosystems.

VIP Status

VIP Benefits

Higher BNB holdings contribute to VIP status with even lower fees.

Fee Savings Calculator

See how much you save by paying fees with BNB + referral discount

$10,000

Base Fee (0.1%)

$10.00

Your Fee

$6.00

You Save

$4.00 (40%)

✨ Breakdown: 25% BNB discount + 20% referral discount = 40% total savings!

BNB Quarterly Burns

Binance uses 20% of profits to buy back and burn BNB, permanently reducing supply. This continues until 100M BNB remain (from 200M initial).

QuarterBNB BurnedUSD Value
Q3 20241.77M BNB$1.07B
Q2 20241.64M BNB$971M
Q1 20241.94M BNB$1.17B
Q4 20232.14M BNB$1.28B

How to Get BNB

Buy with Fiat

Use credit card, bank transfer, or P2P to buy BNB directly on Binance.

Trade Crypto

Swap BTC, ETH, USDT or any crypto for BNB in spot trading.

Earn BNB

Stake, provide liquidity, or participate in promotions to earn BNB.

Key Takeaways

1

Hold BNB to get 25% discount on all trading fees

2

Stack with referral code TRADEOFF20 for 40% total savings

3

Use BNB for Launchpool to farm new tokens for free

4

Quarterly burns reduce supply, making BNB deflationary

5

BNB is essential for BNB Chain (BSC) transactions and DeFi

Start Saving with BNB Today

Create a Binance account, buy some BNB, and start enjoying fee discounts and exclusive benefits.

Create Binance Account

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Get 20% discount with code TRADEOFF20.

20% Discount

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Fix referral code issues on Binance.

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Truth about the Binance 20% fee discount.

20% Off Verified

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After Signup Fix