$BNB

## BNB: More Than Just Binance's Token

Originally launched as the Binance Coin to power transactions on the Binance exchange, BNB has evolved far beyond its simple beginnings. It remains a cornerstone of the Binance ecosystem, offering users significant discounts on trading fees – a key utility driving its adoption.

However, BNB's reach extends much wider. It fuels the entire BNB Smart Chain (BSC), a major blockchain platform enabling fast, low-cost transactions for decentralized applications (dApps), DeFi protocols, NFTs, and more. This utility as "gas" for a vast network gives BNB inherent value beyond just exchange perks.

Furthermore, Binance conducts regular "burns," permanently removing a portion of BNB from circulation. This mechanism, combined with its expanding real-world use cases (like payments and travel bookings), aims to create scarcity and support BNB's long-term value proposition within the broader crypto economy.