#FollowTheLeadTrader BNB (Binance Coin) is the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges globally. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, it later transitioned to Binance’s own blockchain, Binance Chain. BNB serves multiple purposes within the Binance ecosystem, such as paying for transaction fees on the platform, participating in token sales on Binance Launchpad, and being used in decentralized finance (DeFi) applications. Over time, its utility has expanded, and the coin has gained significant popularity. BNB is considered one of the top cryptocurrencies by market capitalization and is widely used in the crypto community.