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Easily convert BNB to COMP with ConvertOnline's efficient tool.
BNB (Binance Coin) is the native cryptocurrency of the Binance platform, one of the largest cryptocurrency exchanges in the world. Initially created as a utility token for reduced trading fees, BNB has evolved to support various applications within the Binance ecosystem and beyond.
Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies in a trustless manner. By utilizing smart contracts on the Ethereum blockchain, Compound enables users to earn interest on their crypto assets or take out loans against them without the need for traditional intermediaries.