$BNB BNB is the main token owned by Binance that was launched in 2017. Initially used to obtain trading fee discounts on Binance, but now its functions are much broader.

BNB is used for:

Gas fees on BNB Smart Chain (like ETH on Ethereum)

Access to Launchpad, Megadrop, and exclusive products

Staking, farming, DeFi, GameFi, and NFT

Payments through Binance Pay

BNB also has an auto-burn system: Binance periodically burns a portion of the BNB supply to maintain scarcity and its potential value in the long term.

Initial total supply: 200 million BNB, final target: 100 million.