#BNB (Binance Coin) launched in 2017 as a utility token for Binance exchange. Initially based on Ethereum (ERC-20), it later migrated to Binance Chain. BNB offers trading fee discounts, powers Binance Smart Chain (BSC) for DeFi and NFTs, and supports payments. Its supply is regularly reduced through burns. BNB’s role has grown beyond Binance, becoming a major crypto asset with diverse real-world applications and a strong ecosystem presence.
