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
Trading Fee Discount
Pay trading fees with BNB and get 25% discount on all spot and futures trades.
Launchpool Access
Stake BNB to farm new tokens for free before they list on Binance.
Launchpad Participation
Hold BNB to participate in token sales at discounted prices.
Quarterly Burns
Binance burns BNB quarterly, reducing supply and potentially increasing value.
BNB Chain Gas
Use BNB to pay for transactions on BNB Chain (BSC) - one of the largest DeFi ecosystems.
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
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).
| Quarter | BNB Burned | USD Value |
|---|---|---|
| Q3 2024 | 1.77M BNB | $1.07B |
| Q2 2024 | 1.64M BNB | $971M |
| Q1 2024 | 1.94M BNB | $1.17B |
| Q4 2023 | 2.14M 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
Hold BNB to get 25% discount on all trading fees
Stack with referral code TRADEOFF20 for 40% total savings
Use BNB for Launchpool to farm new tokens for free
Quarterly burns reduce supply, making BNB deflationary
BNB is essential for BNB Chain (BSC) transactions and DeFi
Copy Code: TRADEOFF20
Create Binance account with lifetime 20% fee discount.
Binance Register Link: https://accounts.binance.com/register?ref=TRADEOFF20
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