◆ BNB BNB
$650
+0.8% 24h +2.1% 7d Rank #4

Key Stats

Market Cap
$94B
24h Volume
$2B
24h High
660
24h Low
635

What Is BNB?

BNB is the native token of the Binance ecosystem — the world's largest crypto exchange by volume. Originally launched as an ERC-20 token in 2017, it migrated to Binance's own chain (BSC) in 2019. BNB powers trading fee discounts, DeFi on BSC, and Binance's Launchpad token sales.

Why BNB matters:

• Exchange discount: BNB holders get up to 25% trading fee reduction on Binance.

• BSC ecosystem: BNB fuels Binance Smart Chain — home to PancakeSwap and hundreds of DeFi projects.

• Deflationary: Binance burns BNB quarterly, permanently reducing supply.

• Multi-use: pay for travel, virtual gifts, and even real-world services with BNB.

How to Buy BNB

Step 1: Register on Gate.io (sign up here)

Step 2: Complete KYC Level 1 (instant verification)

Step 3: Deposit USDT via P2P (0 fees, 5-30 min)

Step 4: Go to Spot Trading → search BNB/USDT → buy

Step 5: Hold in Gate.io wallet or transfer to a personal wallet

💡 Tip: BNB is tied to Binance's success — if the exchange grows, BNB demand grows. But regulatory risk is real.

Is BNB just for Binance users? +
BNB started as a utility token for Binance, but BSC (Binance Smart Chain) expanded its use far beyond the exchange. You can use BNB for DeFi, NFTs, and payments across the BSC ecosystem.
Why does Binance burn BNB? +
Quarterly burns permanently remove BNB from circulation, reducing total supply toward a goal of 100M. This creates a deflationary pressure that historically supports price appreciation.
⚠️ Risk Disclaimer: Crypto prices are volatile. This is informational only, not investment advice.

Buy BNB on Gate.io

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