$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, launched in 2017. Initially created as an ERC-20 token on Ethereum, it later migrated to Binance Chain and Binance Smart Chain (now BNB Chain). BNB is used for transaction fee discounts on Binance Exchange, trading, staking, and participating in token sales. It also powers smart contracts, DeFi projects, and NFT marketplaces on the BNB Chain. Binance regularly conducts token burns to reduce BNB’s supply, increasing scarcity. With strong utility, high liquidity, and integration across numerous platforms, BNB remains one of the top cryptocurrencies, playing a central role in Binance’s global ecosystem.