What is a BNB coin?  BNB coin is a cryptocurrency that is mainly used to pay transaction and trading fees on the Binance exchange. BNB was initially launched on Ethereum blockchain later Binance created its native public blockchain. Initially, Binance was created as a utility token for reducing the trading fees later which it uses has been extended to many applications.

Use Case:

1. Send tokens through Binance Smart Chain(BSC).
2. Pay transaction fees on Binance.
3. BSC can be used for generating more income.
4. Binance Visa debit card uses BNB as a payment source.
5. It allows us to pay for shopping, gaming, travel.
6. BNB is more useful for buying real estate and making loans.
7. It can be used for paying for many online services and entertainment purposes.

Why BNB?

1. Reliability: It was created by the largest cryptocurrency exchange Binance guarantees its reliability.
2. Trading fees: BNB pays commission for Binance for which the holders are given a substantial amount of discount on the trading fees. This helps to increase the number of investors and grow the community. BNB can be used for trading with all cryptocurrency exchanges. People get a discount of 25 percent when BNB is used to pay their trading fee. It allows holders to save 10 percent on future trading fees.
3. Speed: The Binance platform is capable of processing a huge amount of transactions per second. According to a recent study, it is responsible to process more than 1.4 million transactions per second.
4. Utility token: It is one of the key features of BNB as it’s used for making online purchases and payments. It is also considered a good investment to make a profit.
5. Stability: BNB has a unique burndown policy that stimulates growth by maintaining stability. The Burndown helps BNB to reduce the supply. Every 3 months Binance uses 20 of its profit to destroy BNB permanently known as burning. The value of BNB is increased by this deflationary process.
6. Save more: it helps users to save more using BNB VIP programs. It also provides a 4 percent commission through its referral program. BNB vault provides users an additional reward for staking BNB.
7. Constant growth: Long-term investment in BNB is a great idea. It is one of the most popular and successful cryptocurrencies in the whole world with continuous growth. According to financial experts, it seems to have positive growth in the upcoming years. Its flexibility makes it more successful among the other altcoins in the market.
8. Future: Being a utility token for BSC, BNB is the best alternative to invest in other than bitcoin and Ethereum. BNB being the third cryptocurrency in the market its growth in the upcoming years is inevitable with its Burndown policy.