Binance is the biggest cryptocurrency exchange globally based on daily trading volume. BNB is the cryptocurrency coin that powers the Binance ecosystem such as Binance Exchange, Binance Launchpad and Binance Smart Chain. The token utilities of BNB are as follows: Gas-fees: Used for transaction fees settlement on Binance Smart Chain Discount: Save fees on spot, margin, or futures trading on Binance Binance Launchpad: Participate in exclusive token sales