$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, launched in 2017. Initially used for discounted trading fees on the Binance exchange, it now powers the Binance Smart Chain (BSC), enabling DeFi (Decentralized Finance), dApps (decentralized applications), and more. BNB is also used for payments, staking, and participating in token sales on Binance Launchpad. With a capped supply and periodic token burns, BNB has grown into one of the most valuable cryptocurrencies, driving innovation in the blockchain space.
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