BNB Coin, Explained in Under 5 Minutes

You’ve heard of Bitcoin and Ethereum, but there’s another giant in the crypto world you need to know about: Build and Build coin, or BNB (also more commonly termed as "Binance Coin" by the community). In this quick 5-minute video, Sami breaks down what BNB is, why it’s become one of the largest cryptocurrencies by market cap, and why it plays a critical role beyond just the Binance Platform.

Learn how BNB transformed from a simple fee discount token to the native token that fuels transactions on BNB Chain — a fast, low-cost blockchain powering smart contracts, DeFi, NFTs, and more. Discover its key features like Proof of Staked Authority consensus, staking rewards, and a deflationary coin burn.

In this video, you will learn:
✅ What BNB is and its origin story
✅ The difference between Binance Chain, Binance Smart Chain, and the unified BNB Chain
✅ How BNB’s gas fees power transactions and smart contracts
✅ The Proof of Staked Authority consensus and staking rewards
✅ The deflationary auto-burn mechanism reducing BNB supply over time
✅ BNB’s growing adoption in DeFi, GameFi, NFTs, and real-world payments
✅ The rise of institutional demand and organic spot-driven growth
✅ Risks and how to protect yourself from scams on BNB Smart Chain

📚 Resources:
1. What is BNB | Benefits of Using BNB on Binance, How to Buy
https://www.binance.com/en/bnb
2. opBNB: High-Performance Optimistic Layer 2 Solution for BNB Chain
https://opbnb.bnbchain.org/en
3. BNB Greenfield - BNB Chain
https://greenfield.bnbchain.org/en

⏱️ Timestamps:
⏳ 0:00 – Introduction: BNB
⏳ 0:18 – What is BNB? From utility token to a crypto giant
⏳ 0:43 – History of BNB: ICO and Vision
⏳ 1:07 – History of Binance Chain, then Binance Smart Chain
⏳ 1:38 – Today: BNB Chain = Binance Chain + Smart Chain
⏳ 1:55 – Pancakeswap ($CAKE): BNB Chain's Defi Platform
⏳ 2:17 – BNB as Gas Fees: How BNB Chain Is Powered
⏳ 2:32 – Consensus: Proof of Stake Authority and Staking
⏳ 2:51 – BNB's Coin Burning Mechanism and Deflationary Model
⏳ 3:17 – BNB's Utility: Real World Payments, Binance Token Launches, etc.
⏳ 3:37 – BNB: Institutional Interest and Organic Growth
⏳ 3:57 – BNB: Scams and the Importance of Research
⏳ 4:16 – Outro

#binance #bnb #bnbchain #cryptoexplained #binanceexplains #bnbnews

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