15 Ways You Can Use The Binance Coin(BNB)

BNB, or Binance Coin, is the native coin of Binance Chain. It’s a utility token/cryptocurrency created by Binance to power it’s ecosystem. The token has multiple use cases: from fueling transactions on the Chain to paying for transaction fees on Binance Exchange, and many more.

The Various Ways You Can Use BNB

This a comprehensive list of the functions of BNB token

Where you can use BNB

1. To pay trading fees:

With BNB you can receive a 25% discount on trading fees when using Binance. Click here to create a Binance account if you don’t have one.
2. Pay travel expenses

With BNB  you can travel the world and pay with BNB at merchants in Australia using TravelbyBit.

3. Pay by credit card

BNB can be used to pay your Crypto.com credit card bill.

4. Buy virtual gifts

You can use BNB to buy virtual gifts on live video streaming platform Gifto

5. Pay via XPOS

You can use the Binance native token to purchase anything from stores that use the XPOS device by Pundi X

6. Pay in BNB

7. Use BNB on auction

Use BNB to participate in the auction of virtual world spaces on Decentraland’s.

8. Split bills and expenses

Settle small debts with friends and family using BNB on Lndr

9. Unlock liquidity from your BNB

You can take a loan using BNB as collateral on ETHLend

10. Trade Stocks

Use BNB to invest into +750 financial instruments like Stocks & ETFs on Naga

11. Pay in BNB

Receive customer payments in BNB on Coinpayment

12 Purchasing and selling BNB with USD

Purchasing and selling BNB with USD from an FDIC insured bank account- MetalPay

13. Be rewarded BNB in game

Be rewarded or deducted BNB in VIBE’s shooter game

14. Earn BNB by completing tasks

Earn BNB by completing surveys and tasks in StormPlay

15. Booking hotels

Booking 450,000 hotels and homestays worldwide on Tripio using BNB

READ  The economics of cryptocurrency exchange coins

If you still need more ways to use the Binance BNB token, read through this detailed article on the Binance Blog.