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Post Info TOPIC: How important is BNB really for DeFi and NFTs?


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How important is BNB really for DeFi and NFTs?
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Hey everyone, I'm thinking about buying BNB, but I'm not sure how relevant Binance Coin is in the long run. Sure, you need it for transaction fees on the Binance Chain, but are there other important use cases – especially in the DeFi and NFT space? What do you think?



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Good question! I recently read a really insightful article that covers exactly that topic. It analyzes the role of buying BNB across the entire DeFi and NFT ecosystem. The piece explains how BNB isn't just used for transaction fees but also serves as a core asset in many DeFi protocols and is gaining importance in NFT trading as well. The authors also highlight how Binance Smart Chain competes with Ethereum and why BNB plays a key role in that. Here's the link to the article (note: it's in German, but the analysis is solid and can be translated): https://blogsternation.com/bnb-kaufen-analyse-der-rolle-von-binance-coin-im-okosystem-von-defi-und-nft/



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