![Serenget](https://s3.tradingview.com/news/image/coindar:ea64378d1094b-2e3eb4d0e98ce0f8a79cefcad703e115-resized.jpeg)
Binance Coin will undergo an important update in the near future with BNB Greenfield’s Serengeti Hard Fork. This hardfork’s testnet is set to launch on the 18th of April at 7AM UTC. The mainnet will be launched after the testnet on April 29, at 7AM UTC.
Please refer to the Official tweet from BNB
Serengeti Hardfork by BNB Greenfield will bring UI improvements!
Testnet April 18, 7AM UTC
Mainnet: Apr 29, 7AM UTC
Find out more about this below. https://t.co/4Yh9vX5yQF
BNB, the native coin of the BNB Chain ecosystem (including the BNB Beacon Chain) and the BNB Smart Chain is what powers it. The native coin BNB has several uses, including lowering trading fees at the Binance Exchange, paying transaction fees for the BNB Beacon Chain as well as the BNB Smart Chain. It is also used in DApps and games within the BNB Chain Ecosystem. The token is also used to take part in the Binance Launchpad’s token sale and as a liquidity source on Binance Liquid Swap. BNB is also useful for online purchases, in-store bookings, and even travel on sites like Travala.com.
BNB will be available in three different forms as of September 2020 with the BNB Smart Chain launch: BNB Beacon Chain BNB Beacon Chain BNB Smart Chain BNB ERC-20 Ethereum Network