How does Binance Coin work? How can I buy Binance Coin?

How BNB works: BNB was originally created as a discount token for traders, but its use has expanded. BNB is now the digital liquidity token used in all Binance Smart Chain (BSC) ecosystem transactions. It can also be used to book tickets, repay loans, buy new coins listed on Binance Launchpad, and for other things.

How to buy BNB: BNB can be purchased on more than 50 top crypto exchanges and brokerage platforms around the world. However, many users prefer to use the Binance crypto exchange to buy this cryptocurrency. To buy BNB on the Binance cryptocurrency exchange platform, you need to register and submit the necessary documents to meet the necessary Know Your Customer (KYC) process. Once completed, you can buy BNB through the "spot" trading option or through the peer-to-peer (P2P) platform. Note: Cryptocurrency trading, purchase, and mining are prohibited in mainland China.