$BNB **BNB (Binance Coin): Powering the Binance Ecosystem**

BNB is the native cryptocurrency of Binance, the world’s largest crypto exchange. Initially launched as an ERC-20 token, BNB migrated to Binance’s own blockchain, **Binance Chain**, later expanding to **Binance Smart Chain (BSC)**—a parallel blockchain supporting smart contracts and DeFi applications.

### **Key Uses of BNB:**

- **Trading Fee Discounts:** Users get reduced fees on Binance when paying with BNB.

- **Binance Smart Chain (BSC):** Powers transactions, staking, and DeFi projects like PancakeSwap.

- **Token Burns:** Binance periodically destroys BNB to reduce supply, increasing scarcity.

- **Payments & Adoption:** Used for travel bookings, crypto debit cards, and more.

Despite regulatory challenges, BNB remains a top crypto by market cap, central to Binance’s expanding ecosystem.