BNB (Binance Coin) is the digital currency of the Binance platform, one of the largest trading platforms in the world. It was launched in 2017 and initially operated on the Ethereum network (as an ERC-20 token), before later migrating to its own Binance Chain.

Here are the key facts about BNB:

Uses:

Paying trading fees on the Binance platform with a discount.

Purchasing goods and services from stores and companies that accept BNB.

Participating in new projects via the "Binance Launchpad".

Using it in DeFi (decentralized finance) and Staking on the Binance Smart Chain (BSC).

Blockchain:

Binance Smart Chain (BSC): A fast and low-cost network that allows for the development of decentralized applications (DApps) and decentralized trading.