BNB tokens are the native cryptocurrency of Binance, one of the largest cryptocurrency exchanges in the world. Initially launched as an ERC-20 token on the Ethereum blockchain, BNB has since transitioned to Binance's own blockchain, Binance Chain. BNB tokens are used for a variety of purposes within the Binance ecosystem, including paying for transaction fees on the exchange, participating in token sales on Binance Launchpad, and more. They can also be used for trading, investment, and even for payments in certain online services. BNB's utility and growing adoption have made it one of the most popular and valuable cryptocurrencies in the market.
