$BNB BNB is a platform token issued by Binance, the world's largest cryptocurrency exchange. It was originally based on the Ethereum ERC-20 standard, and later migrated to the Binance Chain (BEP-2) and the Binance Smart Chain (BEP-20) to form a multi-chain ecological support. As the core token of the Binance ecosystem, BNB has a wide range of uses: users can enjoy transaction fee discounts, participate in the initial issuance of platform tokens (IEO), pay for on-chain transaction fuel fees, and use it for shopping, travel booking and other scenarios. Its value support comes from the regular destruction mechanism (20% of the platform's profits are destroyed every quarter to reduce the supply) and the continuous expansion of the Binance ecosystem, such as the layout of decentralized exchanges (DEX) and Web3 projects. Although BNB's market value has long been in the top ten, its high dependence on Binance operations and regulatory risks cannot be ignored. At present, BNB has evolved from a simple exchange token to a key asset driving the development of a multi-chain ecosystem. In the future, it may further release its potential as Binance explores blockchain infrastructure and applications.