$BNB BNB is a cryptocurrency that can be used for trading and paying fees on the Binance cryptocurrency exchange. BNB is also a cryptocurrency coin that supports the BNB Chain ecosystem. As one of the most popular utility tokens in the world, BNB is beneficial for users in various applications and use cases.

BNB was launched through an Initial Coin Offering (or ICO) that took place from June 26 to July 03, 2017 - 11 days before the Binance Exchange opened for trading. The coin's price at issuance was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, BNB does not grant users any claims on Binance's profits and does not represent an investment in Binance.

With various applications both within the BNB Chain ecosystem and beyond, BNB has many uses. BNB was initially launched as an ERC-20 token on the Ethereum blockchain. Now, BNB has migrated to the main BNB Chain. Although the initial total supply was set at 200 million coins, that supply has gradually decreased due to frequent coin burning. The current price of BNB is updated and available in real-time on Binance.