$BNB BNB (Binance Coin) is a digital currency issued by Binance, one of the largest digital currency exchange platforms in the world. Created in 2017, BNB was initially used as a utility token to provide transaction fee discounts on the Binance platform. However, over time, BNB has evolved into more than just a utility token and is now used in various applications, including payments, investments, and blockchain ecosystem development.

*Uses of BNB:*

- *Payments*: BNB can be used to pay transaction fees on the Binance platform and by merchants that accept BNB.

- *Investments*: BNB can be used to invest in various digital assets and blockchain projects.

- *Ecosystem Development*: BNB is used in the development of the blockchain ecosystem, including the development of decentralized applications (dApps).

With a large market capitalization and widespread adoption, BNB has become one of the leading digital currencies in the world ¹.