$BNB

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, launched in July 2017 by the Binance exchange, the world’s largest cryptocurrency exchange by trading volume. Initially an ERC-20 token on the Ethereum blockchain, BNB transitioned to Binance’s proprietary blockchain, BNB Chain, in 2019. It serves multiple purposes within and beyond the Binance platform, making it a versatile utility token.Key Features and UsesTrading Fee Discounts: BNB was originally created to offer users discounted trading fees on the Binance exchange, with reductions ranging from 10-25%. This remains a core use case.