$BNB BNB is the cryptocurrency powering the Binance ecosystem. Originating as a utility token for discounted exchange fees, its role has expanded significantly. It's the native coin of the BNB Smart Chain, facilitating transactions and supporting decentralized applications (dApps).

Key uses include paying trading fees on Binance, fueling BNB Smart Chain operations, and enabling various applications like payments and bookings. Binance regularly conducts "burns," reducing BNB's supply. This scarcity contributes to its value. Essentially, BNB is integral to the Binance platform's functionality and has become a major player in the crypto market.