BNB is the native currency of the Binance Ecosystem.

In simpler terms:

> BNB is the fuel that powers Binance services and the BNB Chain.

BNB is classified as:

Utility Token

and not a general payment currency like Bitcoin

Its primary function:

Facilitating usage

Reducing costs

Operating networks

📌 Important educational point:

The value of any utility token is related to its demand, not the media narrative.

🔜 The next part: Why was BNB created in the first place?

#bnb #BNB #UtilityToken #BlockchainBasics