BNB (Binance Coin) is the native token of the Binance ecosystem, one of the largest and most influential players in crypto. Originally launched as an ERC-20 token in 2017, BNB now powers the BNB Chain, which includes both the BNB Beacon Chain and BNB Smart Chain. BNB’s main uses include paying for trading fees at a discount, participating in token launches, staking, and covering transaction costs on the BNB Chain. It’s also used in DeFi, NFT projects, and payment gateways within Binance’s expanding ecosystem. With its regular coin burn mechanism reducing supply, BNB combines strong utility and deflationary tokenomics, making it a key asset in the crypto landscape
