$BNB BNB, or Build and Build (formerly Binance Coin), is the native cryptocurrency of the BNB Chain ecosystem, developed by Binance, one of the world's largest crypto exchanges. Launched in 2017, it initially offered discounted trading fees on the Binance platform. 💲🚀

Its utility has greatly expanded, powering the BNB Smart Chain (BSC) for decentralized applications (dApps), DeFi, NFTs, and gaming. BNB is used for transaction fees, staking for network security, and participating in governance. Binance also conducts quarterly "burns" of BNB, permanently removing tokens from circulation to reduce supply and increase scarcity. 🔥📈 It's a versatile coin with a vast ecosystem, offering fast and low-cost transactions.