$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. Originally launched on Ethereum as an ERC-20 token in 2017, it later migrated to Binance's own blockchain, BNB Chain (formerly Binance Smart Chain and Binance Chain). BNB is used for multiple purposes: trading fee discounts on Binance, staking, participating in token sales on Binance Launchpad, paying transaction fees on BNB Chain, and more.

Over time, Binance has developed an entire ecosystem around BNB, including DeFi platforms, NFT marketplaces, and Web3 projects. The token also undergoes regular coin burns to reduce its total supply, which helps support its value. With strong utility and continuous development, BNB remains one of the top cryptocurrencies by market cap.