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Uses of Binance Coin
Just like other evolving cryptocurrencies, the Binance Coin offers several uses that go beyond the Binance exchange, such as:

Trading: Binance Coin can be traded for other cryptocurrencies on various exchanges, depending on the restrictions set by the exchange.
Transaction fees on the Binance Exchange: BNB can be used to pay for transactions on the Binance Exchange, and users also receive a discount for doing so.
Credit card payments: BNB can be the form of payment for crypto credit card bills on Crypto.com.
Payment processing: Merchants can offer BNB as a means of payment for customers, offering more flexibility in payment methods.
Booking travel arrangements: BNB can be used to book hotels and flights on select websites.
Entertainment: From paying for virtual gifts to buying lottery tickets, BNB serves several purposes in the entertainment space.
Investment: Several platforms allow investors to invest in stocks, ETFs, and other assets using Binance Coin.
Loans and transfers: BNB can be used as collateral for loans on certain platforms. Also, there are apps that allow users to split bills and pay friends and family through Binance Coin.

SOURCE : corporatefinanceinstitute.com/resources/knowledge/other/binance-coin-bnb/

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SOURCE : COIN BUREAU, Feb 11, 2021

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