#bnb $BNB

BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. It was originally launched as an ERC-20 token on the Ethereum blockchain but later migrated to Binance’s own blockchain, Binance Chain.

Key Features of BNB:

Uses: Trading fee discounts on Binance, payments, staking, DeFi, and NFT purchases.

Blockchain: Binance Chain & Binance Smart Chain (BSC).

Burning Mechanism: Binance regularly burns BNB to reduce supply and increase value.

Market Cap: One of the top cryptocurrencies by market capitalization.

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