#BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, initially launched as an ERC-20 token in 2017 before migrating to Binance’s own blockchain, Binance Chain. BNB is used to pay for transaction fees on the Binance exchange, offering users discounts and reduced costs. Beyond the exchange, BNB is also utilized in various decentralized finance (DeFi) applications, Binance Smart Chain (BSC) dApps, and NFT platforms. With a maximum supply of 200 million tokens, Binance periodically burns BNB to reduce its total supply, enhancing scarcity. As the Binance ecosystem grows, BNB's utility and value continue to increase within the crypto space.