BNB (The Coin Of Binance)
BNB, also known as Binance Coin, is the native cryptocurrency of the Binance exchange, one of the largest crypto platforms in the world. Launched in 2017, BNB was designed to make trading on Binance cheaper by offering discounts on transaction fees when used for payments. Today, it’s used not just for trading fees but also in blockchain applications, token sales, and even real-world payments, making it one of the most widely-used and versatile coins in the crypto space.
- Current value: Around $798 (as of July 31, 2025)
- Key use cases: Trading fee discounts, payments, DeFi apps, governance, and token burns to decrease supply
- Ecosystem: Powers the BNB Chain, supporting Web3 applications and decentralized finance....