$BNB Binance Coin (BNB) 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 the development of the blockchain ecosystem. BNB has several advantages, such as low transaction fees and fast transaction speeds. Additionally, Binance regularly conducts token burns of BNB to reduce supply and increase token value. With a large market capitalization and widespread adoption, BNB has become one of the leading digital currencies in the world, with a continuously expanding potential for use in the Binance ecosystem and beyond. BNB is also used in various blockchain projects and applications.