AION Explained
What Is BNB?
BNB is the native utility asset used for fees and staking on BNB Chain. Its role in other products depends on the specific service, application or platform involved.
BNB and BNB Chain
BNB is used to pay transaction fees on BNB Smart Chain and can be delegated for staking. BNB Chain supports smart-contract applications, so interacting with the network may involve both the BNB asset and independent third-party protocols.
- Transaction-fee utility
- Delegated validator model
- Smart-contract application ecosystem
What ownership does and does not mean
Holding BNB does not create a claim on a company, an exchange or the performance of applications. Users should distinguish the public blockchain, the token and services that may choose to use the asset.
- Network utility differs from equity
- Application terms can differ
- Custody choices affect control
Principal risks
BNB is exposed to broad crypto-market volatility as well as ecosystem concentration, regulation, validator incentives and smart-contract or bridge failures. Tokens sent through a wrong network or to a malicious contract may be unrecoverable.
Educational content only. This page does not recommend buying, selling or holding any asset. Verify current product, tax and regulatory details for your jurisdiction.