$BNB BNB (Build and Build) is the native cryptocurrency of the BNB Chain ecosystem, initially launched as Binance Coin. It powers various utilities on Binance, including trading fee discounts, token sales, and payments. BNB has evolved beyond the exchange, enabling smart contracts, staking, and decentralized applications (dApps) on BNB Smart Chain. With a deflationary model through regular burns, BNB maintains scarcity, enhancing its value proposition. It plays a central role in Binance’s ecosystem, supporting DeFi, NFTs, and Web3 projects. BNB’s versatility, strong community, and backing from one of the world’s largest exchanges make it a key player in the crypto market.
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