BNB
- Ticker
- BNB
- Category
- Exchange token
- Risk profile
- Volatile
What it is
The token issued by Binance: it discounts trading fees on the exchange and pays transaction costs on BNB Chain, so its usefulness is tied to one company.
Why this risk level
- Its main uses — fee discounts and BNB Chain gas — both depend on Binance's own products
- Regulatory action against the issuing exchange is a direct risk to the token, not a separate one
- Supply is reduced by scheduled burns run by the issuer rather than by a fixed protocol rule
A plain-English risk overview for education, not investment advice. Risk profiles describe the asset's own characteristics, not a price forecast — always do your own research before buying.
Other coin guides
Aave AAVEVolatileA decentralised lending protocol where deposits sit in shared pools and borrowers take overcollateralised loans against assets they lock, with interest rates set by how much of a pool is in use.Algorand ALGOVolatileA smart-contract network whose consensus draws a fresh random committee for every block and finalises it on the spot, so the chain never reorganises and confirmations are not a waiting game.Aptos APTVolatileA proof-of-stake layer-1 launched in October 2022 by engineers from Meta's abandoned Diem project, built around the Move programming language and an execution engine that processes independent transactions in parallel rather than one after another.Arbitrum ARBVolatileAn optimistic rollup that executes transactions off the Ethereum main chain and posts the results back to it, so users pay Ethereum-level security costs only once per batch.Avalanche AVAXVolatileA proof-of-stake smart-contract platform designed around fast transaction finality and the ability for projects to run their own separate, application-specific chains.Bitcoin BTCEstablishedThe original cryptocurrency and still the largest by market value, with over fifteen years of continuous operation and no successful attack on its core network.