$BNB $BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, originally launched as an ERC-20 token before migrating to Binance Chain. It powers various functions on Binance platforms, including trading fee discounts, token sales, and transaction fees on Binance Smart Chain (BSC). BNB has grown beyond just an exchange token, supporting DeFi, NFTs, and gaming applications. Binance regularly burns BNB to reduce supply, potentially increasing its value over time. As one of the top cryptocurrencies by market cap, BNB plays a central role in the broader blockchain ecosystem, offering utility, scalability, and strong developer support.
