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What is BNB (Build and Build)?

Crypto Terms Glossary: What is BNB (Build and Build)?

BNB (Build and Build) is the native cryptocurrency of the Binance blockchain ecosystem and a top cryptocurrency by market capitalization. On the Binance exchange, users can pay for exchange fees like transactions, withdrawals, and listings in BNB and receive a discounted rate. BNB can also be used to participate in token sales on Binance Launchpad, its platform for hosting third-party Initial Exchange Offerings (IEOs). BNB is also utilized on Binance's blockchain ecosystem called BNB Chain, which is composed of two distinct blockchains: BNB Smart Chain and BNB Beacon Chain.

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