#BullishIPO BNB is the native token of the Binance platform, one of the largest cryptocurrency exchanges in the world. It was launched in 2017 as a means to pay trading fees with discounts on the platform, and has since evolved into a currency with broader uses. BNB operates on the BNB Chain, which includes the BNB Beacon Chain and BNB Smart Chain, allowing for the support of smart contracts and decentralized applications (DApps). It is used for payments, transfers, investments, and launching projects through initial exchange offerings (IEOs). It is also adopted in decentralized finance (DeFi) systems and blockchain-based games. Thanks to its speed and low fees, BNB is considered one of the most important cryptocurrencies globally.