Gate 2025 Mid-Year Community Gala
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What is Binance Coin (BNB)?
- Multi-purpose currency: BNB is the native currency of the Binance platform, and it is used for a wide range of services, such as trading fee discounts, paying network fees on the BNB Chain, and participating in initial coin offerings (Launchpad).

- Built on a strong technical foundation: BNB operates on the BNB Chain, which features fast transaction processing and low costs. The network uses a consensus mechanism known as Proof of Staked Authority (PoSA), giving it high efficiency compared to other networks.
- Continuous demand and effective recycling: A