$BNB BNB was launched through an initial coin offering in 2017, 11 days before the cryptocurrency exchange Binance went online. It was initially issued as an ERC-20 token operating on the Ethereum network, with a total supply capped at 200 million coins, and 100 million BNB offered in the ICO.

BNB is the native token of the decentralized BNB Chain network, used for transaction payments, covering fees, and participating in network governance.