BNB, or Binance Coin, is the native cryptocurrency of the Binance ecosystem, one of the world’s largest crypto exchanges. Originally launched on Ethereum, it later moved to Binance’s own blockchain, BNB Chain. $BNB is used for trading fee discounts, token sales, and more within Binance. Over time, its use has expanded into DeFi, NFTs, and smart contracts. Despite its strong utility, $BNB has faced regulatory scrutiny due to Binance’s global operations. Investors should stay updated, as price fluctuations and news can significantly impact $BNB's value. It's a powerful coin with potential, but caution is always wise in crypto markets.
