$BNB BNB, the native token of Binance, powers one of the world’s largest cryptocurrency ecosystems. Launched in 2017, BNB was originally created to offer trading fee discounts on Binance. Over time, it has evolved with use cases in DeFi, NFTs, payments, and Binance Smart Chain (BNB Chain) transactions. BNB’s utility and token-burning mechanism contribute to its value. As Binance turns 8, BNB continues to be a key player in crypto innovation and adoption.