$BNB

Overall, BNB is an important tool in the Binance ecosystem, providing users with various benefits and opportunities.

Discounts on fees: BNB is used to receive discounts on trading fees on the Binance exchange.

Transaction payments: BNB is used to pay transaction fees on the BNB Chain network.

Participation in projects: BNB is used to participate in various projects, such as Binance Launchpad, where users can acquire new tokens.

Payments and travel: BNB can be used to pay for purchases in stores and book travel through platforms such as Travala.com.

BNB was launched in 2017 during the Binance ICO. Initially, BNB was an ERC-20 token based on Ethereum, but later migrated to its own blockchain, Binance Chain.