🌟 What is BNB and Why I Hold It – My Crypto Journey with Topazcrypto
If you're new to crypto or just exploring what coins to invest in, one name you’ve probably seen is BNB. But what is it really, and why have I chosen to hold it in my portfolio? Let me break it down simply.
🔍 What is BNB?
BNB (originally Binance Coin) is the native cryptocurrency of Binance, one of the world’s largest and most trusted crypto exchanges. It was launched in 2017 as an ERC-20 token on Ethereum, but later moved to its own BNB Chain.
BNB is used for:
Paying trading fees on Binance at a discount
Participating in token launches via Binance Launchpad
DeFi staking and farming on BNB Chain
Buying NFTs, gift cards, and even travel bookings
Burning events (where Binance destroys some BNB to reduce supply)
💼 Why I Hold BNB
As the founder of Topazcrypto, I believe in long-term value—not hype. Here’s why I’ve personally decided to hold BNB:
✅ 1. Strong Use Case
BNB is not just a coin to trade—it's used in real systems like trading, lending, and launching new tokens.
✅ 2. Binance Ecosystem is Massive
Binance is the #1 exchange by volume. As long as Binance is growing, BNB will stay relevant and in demand.
✅ 3. Passive Income Opportunities
I use BNB for staking, liquidity pools, and sometimes participate in new project airdrops.
✅ 4. Quarterly BNB Burns = Lower Supply
Binance burns millions of dollars worth of BNB regularly, which reduces the supply and increases long-term value.
✅ 5. Low Fees for High Activity
When I trade or make blockchain transactions, BNB gives me major fee discounts.
🚀 My Goal With BNB
I hold BNB not just for profit—but to be part of the future of decentralized finance. With Topazcrypto, I aim to educate and help others start safely in crypto, and BNB is always one of the coins I recommend beginners look into.
📌 Final Words
Whether you’re just starting or looking to diversify, BNB is a strong pick backed by real utility and a massive ecosystem.
💬 Want to learn how to buy BNB or need help setting up Binance? Contact Topazcrypto for 1-on-1 guidance.
🔗 Buy BNB on Binance
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