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BNB

BNB (BNB)

Risk: High

The token of the Binance ecosystem and the fuel of BNB Chain.

Exchange token / Layer-1 · launched 2017 · market cap #6

What is BNB (BNB)?

BNB (originally Binance Coin) is the native cryptocurrency of Binance, the world's largest crypto exchange, created in 2017. BNB is used on Binance to reduce trading fees (up to a 25% discount) and is also the native currency of BNB Chain (formerly Binance Smart Chain).

BNB Chain is a Layer-1 blockchain that offers fast and cheap transactions and is a popular DeFi platform (PancakeSwap). Binance regularly burns a portion of BNB ("burn"), which reduces the supply over time.

BNB key facts

Launched
2017
Ecosystem
Binance / BNB Chain
Fee discount
up to 25% on Binance
Consensus
Proof of Staked Authority
Burn
Regular (deflationary)
DEX
PancakeSwap

BNB use cases

Reducing trading fees

Pay your Binance fees with BNB and get up to a 25% discount.

BNB Chain gas

BNB is the transaction fee currency of BNB Chain — cheap DeFi and PancakeSwap.

Launchpad

BNB holders can take part in the presales of new projects on Binance Launchpad.

How to buy BNB (BNB) in Estonia

Buying BNB in Estonia is easy on a MiCA-licensed exchange: register, complete KYC, make a SEPA deposit in euros and buy BNB. Best platforms:

1
Binance

The natural choice — BNB/EUR, fee discounts, staking.

2
Bybit

BNB spot, low fees.

3
OKX

BNB trading and a Web3 wallet.

See also our how to buy crypto guide and exchange comparison.

BNB risks

  • • Dependence on Binance — regulatory problems with the exchange affect BNB.
  • • Centralisation criticism — BNB Chain is relatively centralised.
  • • High volatility.

Crypto investing carries high risk. This is not financial advice — only invest what you can afford to lose.

Other cryptocurrencies

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Buy BNB (BNB)

Binance — MiCA-licensed, SEPA in euros, low fees.

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Frequently Asked Questions