$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest cryptocurrency exchanges. Originally launched as an ERC-20 token on Ethereum, BNB later migrated to Binance's own blockchain, Binance Chain. It is used to pay trading fees on Binance at a discounted rate, participate in token sales, and access various features across Binance platforms, including Binance Smart Chain (BSC), which supports DeFi and NFTs. With a capped supply and regular coin burns to reduce circulation, BNB has maintained strong utility and value. Its growing use in payments and decentralized applications boosts its long-term potential.
