$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, originally launched in 2017 as an ERC-20 token on Ethereum before migrating to Binance Chain. It powers transactions on Binance Smart Chain (BSC), offering low fees and fast processing. BNB is widely used for trading fee discounts, staking, DeFi applications, NFTs, and token launches. With a strong burn mechanism reducing supply over time, BNB has gained value and utility. As one of the top cryptocurrencies, it remains a key asset for Binance users and blockchain developers. Its growing adoption makes it a crucial player in the crypto world.