Does Binance Coin (BNB) Pay Dividends?

Binance is a global cryptocurrency exchange with Binance Coin (BNB) at the heart of its ecosystem. This cryptocurrency can do many things include reduce your trading fees on the exchange, but does it pay dividends based on Binance’s profits?

No, Binance Coin (BNB) does not pay dividends. On the other hand, you can receive discounted trading fees by holding Binance Coin and there are coin burns which reduce the total circulating supply of the asset.

Why doesn’t it pay dividends?

Who’s to say, I personally think that Binance doesn’t pay dividends to BNB holders since they give other benefits to holders, there is no need to.

So how can I earn from BNB?

Like any other cryptocurrency, you can make money from Binance Coin if the value goes up after buying it. You can also save money on Binance trading fees by holding the asset. Binance does frequently ‘burn‘ coins meaning that there are less available, and thus the price may increase.

Are there any exchange tokens which pay dividends?

Currently, I am not aware of any exchange tokens which pay dividends to the holders, but I am sure that someone will do this in the future, it is a great idea. The only hurdling point I can think of is regulation, so we’ll have to see how things pan-out.

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