$BNB BNB (Binance Coin) is the native cryptocurrency of Binance, one of the largest crypto exchanges. Launched in 2017, BNB was initially an ERC-20 token on Ethereum but later moved to Binance’s blockchain, BNB Chain. It is used for trading fee discounts, transaction fees, and various DeFi applications. BNB has a limited supply, with periodic burns to reduce circulation and increase value. It powers Binance Smart Chain (BSC), enabling fast, low-cost transactions. BNB is widely accepted for payments, investments, and NFT purchases. Its utility and strong ecosystem make it a key player in the crypto market.