BNB is the native token of the Binance ecosystem: it pays gas on BNB Chain (including BSC) and can be used on Binance to discount fees and join programs such as Launchpool.
What BNB is and how it works
BNB is the native token of the Binance ecosystem: it pays gas on BNB Chain (including BSC) and can be used on Binance to discount fees and join programs such as Launchpool.
BNB Smart Chain uses Proof of Staked Authority with a limited validator set, giving fast blocks and low fees at the cost of less decentralization than Ethereum.
BNB supply and token economics
Initial supply was 200 million; quarterly Auto-Burn plus real-time gas burning keep reducing it toward a 100 million target.
What usually moves the price
It is closely tied to Binance’s business and regulatory situation, BNB Chain activity and holder benefits such as Launchpool.
These are commonly discussed factors, not a forecast; no single factor guarantees direction.
Where to buy BNB
BNB spot pairs are usually listed on large exchanges such as Binance, OKX, Bybit, Bitget and Gate, but pairs and availability depend on your region and account—check the official listing. Compare fees at the same volume, then check spread and slippage.
Key BNB risks
Ecosystem risk is concentrated around one company; on BSC, watch for fake token contracts and high-risk DeFi projects.
Only use money you can afford to lose entirely, and size positions and liquidation prices before using leverage.
How to read the indicators on this page
RSI14 above 70 is often read as overbought and below 30 as oversold; price above MA20 and MA50 is a bullish alignment; MACD shows momentum direction. All are probabilistic readings on 90 days of daily closes and can stay extreme during trends.
Frequently asked questions
What is BNB?
BNB is the native token of the Binance ecosystem: it pays gas on BNB Chain (including BSC) and can be used on Binance to discount fees and join programs such as Launchpool.
What is the BNB supply?
Initial supply was 200 million; quarterly Auto-Burn plus real-time gas burning keep reducing it toward a 100 million target.
Where can I buy BNB?
Large exchanges usually offer BNB spot trading, subject to your region and account; compare fees and verify the official domain before signing up.
Research and education only; not investment advice.