$BNB is the native token of the Binance ecosystem, originally launched as an ERC-20 token on Ethereum but later migrated to Binance Chain and now Binance Smart Chain (BSC). It plays a vital role in powering transactions, paying trading fees, and participating in token sales on Binance Launchpad.

With strong utility, BNB is used for DeFi, NFTs, staking, and even real-world payments. It also fuels the BNB Chain, supporting smart contracts and dApps. BNB has a burn mechanism, reducing supply over time, making it a deflationary asset.

Backed by one of the largest crypto exchanges, $BNB remains a key player in the blockchain revolution.