$BNB

BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Originally launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB was later moved to its own blockchain, Binance Chain, after its mainnet launch in 2019.

BNB has various use cases within the Binance ecosystem, such as:

1. Paying for trading fees on Binance – Users can use BNB to pay for trading fees on the platform and receive discounts.

2. Binance Smart Chain (BSC) – BNB is used for transaction fees and staking on Binance's decentralized platform, Binance Smart Chain, which supports decentralized applications (dApps).

3. Participating in token sales – BNB is used for purchasing new tokens during Binance Launchpad events.

4. General utility – Some third-party services and merchants accept BNB as a payment method.

The coin's value has fluctuated significantly, driven by demand for Binance's platform and its various applications in the ecosystem.