BNB is the official cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Launched in 2017, it is used to reduce trading fees, participate in new projects via Binance Launchpad, and pay transaction fees on the Binance Smart Chain (BSC) network.

BNB features:

Low trading fees when used on the Binance platform.

Fast and low transaction costs on the BSC network.

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