Token $BNB is the native token of BNB Chain, launched by Binance in 2017 as Binance Coin.

Main Uses of BNB Token:

Transaction Fees – Used to pay fees on BNB Smart Chain (BSC) and Binance Exchange at a discount.

Staking & Validation – Users stake BNB to secure the network and earn rewards.

DeFi & DApps – Used in decentralized applications, lending, and yield farming.

Token Burns – Binance regularly burns BNB to reduce supply and maintain value.

Payments – Accepted by merchants, travel platforms, and online services.

Token #BNB ’s price fluctuates based on market demand, Binance’s quarterly burns, and overall crypto trends.