/biz/ - Business & Finance

>>3140352
>So I basically need a coin that I paid some amount, and when I use it, my coin dissapears and gives me a discount? So I lose the amount of bnb based on the amount of the fee?

your questions seem kind of convoluted, but I will try to answer. you don't need BNB if you don't want. you can trade more traditional BTC and ETH pairs (pic related).

if you choose to trade with BNB, you will get a discount. when you make a trade with BNB, your coin "disappears", as you say, the same way BTC or ETH would "disappear" when you make a trade now. the only difference is you pay a smaller fee when using BNB.

I feel like you're sort of thinking of BNB as a middleman or something. it's just a different coin you can trade with, as far as I understand. seeing as it gives a discount on the Binance exchange, folks will probably be using it.

also I may be wrong about this or some details. someone feel free to correct me if I am. I haven't done any trading or deposited money to Binance yet. just signed up and poked around.