The BNB (Binance Coin) is a cryptocurrency created by the Binance platform, one of the largest cryptocurrency exchanges in the world. BNB was issued in 2017 as an ERC-20 token on the Ethereum network, but was later migrated to the Binance Smart Chain.

BNB is used in a variety of applications, including:

1. *Trading Fees*: BNB can be used to pay trading fees on the Binance platform at a discount.

2. *Payments*: BNB can be used for digital payments.

3. *Decentralized Applications*: BNB is used on the Binance Smart Chain to support decentralized applications (dApps).

BNB has several features, including:

1. *Multiple Uses*: BNB can be used in a variety of applications.

2. *Discounts*: Binance offers discounts on trading fees when using BNB.

3. *Integration with Binance Smart Chain*: BNB is used on the Binance Smart Chain to support decentralized applications.

A portion of BNB is periodically burned, reducing the total supply of the coin and contributing to its value increase.