• Binance Coin ($BNB ) is the native cryptocurrency of the Binance ecosystem. Launched in 2017, BNB has grown in utility and value. Key features:
- *Utility Token*: Used for trading fee discounts, token sales, and other services on Binance.
- *Token Burns*: Binance regularly burns BNB, reducing supply and increasing scarcity.
- *Growing Ecosystem*: BNB is used in various Binance products, such as Binance Smart Chain and Binance Launchpad.
Current Use Cases : Trading, payments, and investments. BNB's popularity and utility have made it a top cryptocurrency by market capitalization. Its value continues to grow with Binance's expanding ecosystem.