The Binance Coin, symbolized as BNB, is a native digital currency of the Binance cryptocurrency trading platform, created on the Ethereum blockchain using the ERC20 standard. Its primary goal is to support exchanges while providing convenience and affordability for traders and cryptocurrency enthusiasts. The Binance Coin, symbolized as BNB, is a native digital currency of the Binance cryptocurrency trading platform, created on the Ethereum blockchain using the ERC20 standard. Its primary goal is to support exchanges while providing convenience and affordability for traders and cryptocurrency enthusiasts.