BNB (BNB)
Risk: HighThe 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
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:
The natural choice — BNB/EUR, fee discounts, staking.
BNB spot, low fees.
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
Buy BNB (BNB)
Binance — MiCA-licensed, SEPA in euros, low fees.
Buy BNBAffiliate link. Commission does not increase your costs.