$BNB BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Initially launched on the Ethereum blockchain as an ERC-20 token, BNB later migrated to Binance Chain. It powers transactions, reduces trading fees, and supports Binance Smart Chain (BSC) for DeFi, NFTs, and dApps. BNB also plays a role in token sales on Binance Launchpad and is used for payments, travel bookings, and more. Binance regularly burns BNB to reduce supply and increase scarcity. With strong utility and adoption, BNB remains one of the top cryptocurrencies, driving innovation in the blockchain space.
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