$BNB BNB (Binance Coin) is a digital currency issued by Binance, a leading global cryptocurrency trading platform. Initially, BNB was launched in 2017 through an ICO (Initial Coin Offering) as the native token of the Binance platform. The main purpose of BNB is to provide trading fee discounts for Binance platform users. In addition, BNB plays an important role in Binance's decentralized exchange (DEX) and other platform ecosystems.

As the Binance platform continues to develop, the use of BNB has gradually diversified. It can not only be used to pay transaction fees but also for investments, payments for goods and services, and participation in crowdfunding for projects. The total supply of BNB is capped at 200 million, and the platform reduces the circulating supply of BNB through regular 'burn' mechanisms to control inflation and enhance the value of the coin.

As a multifunctional crypto asset, BNB has garnered widespread attention and application, becoming an important part of the cryptocurrency market.