BNB is the native cryptocurrency of the Binance exchange and is used to pay transaction fees on the Binance platform, participate in token sales, and more.
High Performance
BNB operates on the Binance Smart Chain, which is known for its high performance and low transaction costs, making it ideal for DeFi projects and DApps.
Extensive Use Cases
BNB can be used for various purposes including trading, transaction fees, staking, and participating in various Binance ecosystem activities.
Strong Community and Ecosystem
BNB has a strong community and is supported by numerous projects and businesses within the Binance ecosystem, ensuring continuous development and innovation.
BNB USE CASES
What Can I Do After I Buy BNB?
Decentralized Finance (DeFi)
Participate in DeFi protocols for lending, borrowing, and earning interest on platforms like PancakeSwap and Venus.
Crypto Swapping
Easily swap BNB for other cryptocurrencies such as Ethereum and USDC using decentralized exchanges like PancakeSwap
Spending BNB
Spend BNB at merchants accepting crypto, or buy gift cards directly from your wallet for everyday use.
Investing and Earning
Stake BNB to help secure the Binance Smart Chain network and earn staking rewards. Provide liquidity on DeFi platforms to earn additional income.
Cross-Border Payments and Remittances
Send BNB globally quickly and at low cost, making it ideal for remittances and international payments.
For the most current information on our pricing, including crypto processing fees, swaps, and fiat on/off-ramping, please refer to our detailed pricing page here. We ensure transparent and up-to-date details to help you make informed decisions.
How quickly does KYC verification happen?
KYC verification for on/off ramp is quick, taking only a few minutes. You’ll need to provide personal information, ID documents, and a selfie.
How long does it take to receive money in my bank when I sell crypto?
The processing time varies by location. In Europe and the UK, it typically takes 1-2 working days. For transactions outside these regions, international bank transfers can take up to 3-5 working days.
Is there a limit on how much I can buy or sell?
You can purchase crypto using a card up to a limit of around $10,000. There is no minimum amount required, but there will be a minimum fee specified in the quotation.
Besides card payments, are there other ways to buy crypto?
Initially, only card payments are accepted, but soon Apple Pay, Google Pay, Bank Transfer, and more methods will be available.