BNB (Binance Coin) is a popular cryptocurrency launched by Binance, one of the world’s largest crypto exchanges. Initially created on the Ethereum blockchain, BNB later moved to Binance’s own blockchain, BNB Chain. It is used primarily to pay for trading fees on the Binance platform at a discounted rate, making it attractive to regular traders. Beyond trading, BNB can be used for various purposes such as booking travel, online payments, and participating in token sales. Its value has significantly increased over time due to Binance’s growing popularity. BNB also supports smart contracts and decentralized applications, playing a key role in the Binance ecosystem. As crypto adoption grows, BNB continues to be a strong and versatile digital asset.
