Basswood produces some of the earliest flower buds of any plant or tree in the spring and
honey bees love it. A hive that is weak coming out of winter rely on basswood to have
enough strength to make it until other plants start to bloom.
Supposedly you can make a chocolate substitute from the berries/seeds. I have never tried making chocolate from them, but I have tasted the berries and they have a flavor somewhat like very dark chocolate so they would probably make something that is somewhat similar in flavor to chocolate if you add enough sugar.
It makes great wood for food packaging. It has a distinctive smell when it is being worked but that smell doesn't transfer to the food like other woods can. It is a very fibrous wood so you can take a single thin board and bend 90 degree corners into it to make 4 sides of a box out of a single piece and no nails.
The wood is very lightweight. It makes nice lumber.
Sap suckers( a type of wood pecker)like it and don't appear to harm it.
Left to grow on its own in the woods is grows 60-80 feet tall, often straight as an arrow and no knots or branches for the bottom 40+ feet.
I don't know about copping it. It is a poor choice for
firewood. It isn't rot resistant, so is a poor choice for fences, posts, and wattle and daub walls. It makes good lumber but for that you want much larger trees.