Exchange token · Layer 1 · #4 by market cap (snapshot)
BNB
—
24h loading…
🧩 What it is
BNB is the native coin of BNB Chain and started life in 2017 as Binance exchange's token. It pays gas on BNB Chain and gives fee discounts on Binance.
⚡ Why it's interesting
BNB Chain hosts plenty of DeFi and trading activity, and Binance uses part of profits for regular token burns that shrink supply.
⚠️ Key risks
Its fate is tightly tied to Binance, which has faced major regulatory actions, including a US settlement in 2023. Critics say the chain is fairly centralised.
👀 What to watch
Binance's regulatory standing, BNB Chain activity and the size of each quarterly burn. If the exchange stumbles, the coin usually feels it first.
Written by the Hodlia.fi editorial team. Education only — not financial advice, no price predictions.
Last 30 days
❓ BNB FAQ
What is BNB (BNB)?
BNB is the native coin of BNB Chain and started life in 2017 as Binance exchange's token. It pays gas on BNB Chain and gives fee discounts on Binance.
Why do people follow BNB?
BNB Chain hosts plenty of DeFi and trading activity, and Binance uses part of profits for regular token burns that shrink supply.
What are the main risks of BNB?
Its fate is tightly tied to Binance, which has faced major regulatory actions, including a US settlement in 2023. Critics say the chain is fairly centralised.
What should I watch with BNB?
Binance's regulatory standing, BNB Chain activity and the size of each quarterly burn. If the exchange stumbles, the coin usually feels it first.
Is BNB a good investment?
Hodlia doesn't give investment advice. Whether BNB fits you depends on your goals, time horizon and how much loss you can handle. Crypto prices can fall sharply and fast. Read the risks above, compare with a diversified alternative and consider independent advice.