BNB (Build and Build) is the native cryptocurrency of the BNB Chain (formerly Binance Smart Chain and Binance Chain). It was initially created by Binance, one of the world’s largest cryptocurrency exchanges, and is used for:
Transaction Fees: Paying fees on Binance Exchange and BNB Chain.
Trading: Buying, selling, and exchanging on various platforms.
Staking: Earning rewards by participating in the network.