Binance Coin
BNB
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Learn more about Binance Coin!
Binance Coin (BNB): Fueling the BNB Chain Ecosystem
Binance Coin (BNB) is the native cryptocurrency of the BNB Chain (formerly Binance Smart Chain and Binance Chain), originally launched by the Binance exchange. Initially created as an ERC-20 token on Ethereum, BNB transitioned to its own blockchain to reduce fees and increase transaction efficiency. Today, BNB serves multiple purposes: it can be used to pay trading fees on the Binance exchange, participate in token sales on Binance Launchpad, and power various DeFi applications running on BNB Chain.
Beyond its exchange-related functions, BNB underpins a thriving ecosystem of smart contracts, DApps, and NFT projects. The BNB Chain offers faster and cheaper transactions compared to many other networks, making it attractive for both users and developers. BNB is deflationary by design, with periodic “coin burns” reducing the total supply, potentially increasing its value over time. As one of the most recognized cryptos in the industry, BNB is often viewed as both a utility token for the Binance ecosystem and a long-term investment asset.
How to buy Binance Coin in Paraguay?
How to Buy BNB on X4T
How to Buy BNB on X4T
- Open Your X4T Account
- Sign up, verify your identity, and log in to access the marketplace.
- Deposit Funds
- Add cash or conduct a bank transfer to receive USDT/USDC, ready for trading.
- Swap for BNB
- Head to the X4T Trade Page, select Binance Coin (BNB), and exchange your stablecoins for LINK.
- Manage Your Holdings
- Keep BNB in your X4T wallet for quick trading, or move it to an external wallet.
For further details on funding your account and finalizing trades, visit our central “How to Buy” page. This comprehensive guide covers every step, ensuring you can confidently invest in Binance Coin (BNB) and other top cryptocurrencies on X4T.
