$BNB

BNB, or Binance Coin, is a cryptocurrency created by the Binance exchange, one of the largest cryptocurrency trading platforms globally. Initially launched as an ERC-20 token on Ethereum in 2017, BNB transitioned to the Binance Chain, its own blockchain. BNB is used within the Binance ecosystem for various purposes, including paying for transaction fees on the exchange, participating in token sales on Binance Launchpad, and as a means of payment in various applications. BNB has also gained popularity as an investment asset, with its value often linked to Binance's overall performance and the growth of decentralized finance (DeFi).