The BNB coin is the official digital currency of the Binance platform, one of the largest cryptocurrency trading platforms in the world. It was launched in 2017 and is used to reduce trading fees, participate in new projects through Binance Launchpad, and pay transaction fees on the Binance Smart Chain (BSC).

Features of BNB:

Low trading fees when used on the Binance platform.

Fast transfers and low costs on the BSC network.

Used in decentralized finance (DeFi) applications and digital games.

Quick Facts:

Symbol: BNB

Maximum Supply: 200 million coins

Network: Binance Smart Chain (BEP-20) and Ethereum (ERC-20)