$BNB BNB, or Binance Coin, is the native cryptocurrency of the Binance cryptocurrency exchange platform. It was launched in 2017 through an initial coin offering (ICO) and initially based on the Ethereum blockchain as an ERC-20 token ¹.

However, in 2019, BNB migrated to its own blockchain called Binance Chain, and later became the native token of the Binance Smart Chain (BSC) ². The BSC is a blockchain that enables the creation of smart contracts and is compatible with the Ethereum Virtual Machine (EVM) ².

BNB has several utilities, such as paying transaction fees on Binance, participating in token sales, and accessing exclusive features and services on the platform ³. Additionally, BNB is used to operate on the Binance Smart Chain.

Regarding its value, the price of BNB can fluctuate according to market conditions. If you are interested in buying or selling BNB, I recommend that you consult a reliable cryptocurrency exchange, such as Binance, and stay informed about current market trends ¹.