$BNB BNB (Binance Coin) is the native token of the BNB Chain network, which includes BSC (Binance Smart Chain) and Beacon Chain, enabling smart contracts and fast transactions at low cost. BNB was launched in 2017 as a low-fee token for trading on Binance, but has evolved into the cornerstone of a massive ecosystem that includes decentralized finance (DeFi), non-fungible tokens (NFTs), digital games, and more. A portion of BNB is burned periodically through an Auto-Burn mechanism, reducing the supply over time and increasing the scarcity of the coin. BNB is used to pay transaction fees, participate in Launchpad offerings, and provide liquidity in protocols like PancakeSwap. Thanks to its speed, low cost, and wide support, BNB Chain has become one of the most powerful blockchains, making BNB one of the most important digital assets on the market.
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