$BNB

BNB, or Binance Coin, is the native cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency platforms. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, BNB later transitioned to Binance's own blockchain, Binance Chain. BNB is primarily used for trading fee discounts on the Binance exchange, but it has expanded in use cases, including payments, decentralized finance (DeFi) applications, and token sales on Binance Launchpad. Over time, BNB has gained popularity as an asset in the cryptocurrency market, driven by the growth of Binance's ecosystem and the coin's utility in various blockchain applications.