$BNB #WhaleAccumulation #CryptoMarketWatch #MexicoEndsTariff BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, created by Binance, one of the world's largest cryptocurrency exchanges. Initially launched as an ERC-20 token on Ethereum in 2017, it later migrated to Binance's own blockchain, Binance Chain. BNB is primarily used to pay for trading fees on Binance at a discounted rate but has expanded its use to various applications within the Binance ecosystem, such as decentralized finance (DeFi) and token sales on Binance Launchpad. The coin follows a deflationary model, with Binance periodically "burning" BNB to reduce its total supply, potentially increasing scarcity. BNB's value is influenced by the overall success and growth of the Binance platform.