BNB Smart Chain, formerly known as Binance Smart Chain, is a blockchain platform compatible with the Ethereum Virtual Machine (EVM), capable of executing general-purpose smart contracts. It is a base layer, or layer 1 (L1), that is part of the BNB Chain blockchain ecosystem, developed with the support of the cryptocurrency exchange Binance. It is known for its fast transaction times and low transaction costs.
The BNB token is the fuel for BNB Smart Chain. Originally known as Binance Coin, BNB was rebranded to "Build and Build" in 2022. Besides serving as the "gas" for BNB Smart Chain, BNB also provides holders with governance rights at the chain level.
The BNB token is also a cryptocurrency that you can buy, sell, trade, and manage in the Bitcoin.com Wallet app. Advanced users can further interact with Decentralized Applications (DApps) on the BNB Smart Chain using the WalletConnect feature in the Bitcoin.com wallet.
Here is $BNB