$BNB Binance Coin (BNB) is the native cryptocurrency of the Binance platform, one of the largest exchanges in the world. It was created in 2017 and has several uses within the Binance ecosystem, such as:

Payment of fees: Using BNB to pay trading fees offers discounts on Binance.

Binance Smart Chain (BSC): It is used to pay gas fees on the BSC network, which allows for the development of decentralized applications (DApps).

Staking and farming: Holders can generate additional yields through staking and yield farming programs.

Payments and commerce: It is accepted as a payment method in many stores and services.

Advantages:

High adoption due to the Binance ecosystem.

Regular token burn programs to reduce supply and increase its long-term value.

Risks:

Heavily relies on the success of Binance.

Regulations that could impact the cryptocurrency market.