The BNB coin is a utility token with multiple use cases within the Binance ecosystem. Binance's growing product suite supports BNB's large valuation and its position as a top 10 crypto asset. However, its value has suffered in recent weeks as negative macro headwinds created by the Coronavirus hit the global financial markets.

Binance has masterfully engineered the BNB token to become an all-encompassing aspect in every facet of the ever-growing Binance ecosystem. Because of this, the token has indeed gained a high degree of utility, which may also be seen by some as gatekeeping through the IEO lottery system, DEX listing fees, BEP2 transaction fees, and BEP2 token migrations.

Binance has masterfully engineered the BNB token to become an all-encompassing aspect in every facet of the ever-growing Binance ecosystem.