$BNB BNB (Binance Coin) is the native token of the Binance ecosystem, and has evolved from being simply a means to pay discounted fees on the exchange, to becoming a key piece in the crypto universe. Used in Binance Smart Chain (BSC), BNB allows for the execution of smart contracts, participation in token launches, DeFi projects, NFTs, and more.
Additionally, Binance conducts quarterly burns of BNB to reduce its total supply, which increases its scarcity and potential value. Its adoption has expanded to payments, travel bookings, gaming, and online services.
With strong utility, a global community, and the backing of one of the largest platforms in the world, BNB continues to position itself as one of the most influential cryptocurrencies in the market.