BNB Coin: The Power Behind the Binance Ecosystem
BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, offering multiple utilities across the platform. Initially launched as an ERC-20 token, BNB later migrated to Binance Chain. It is widely used for trading fee discounts, staking, and payments within the Binance Smart Chain (BSC) ecosystem. BNB also supports decentralized applications (DApps) and DeFi projects, enhancing blockchain innovation. With regular token burns reducing supply, BNB maintains long-term value. As adoption grows, BNB continues to play a key role in powering Binance’s services, making it a valuable asset for traders, investors, and blockchain enthusiasts.