$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem. Initially launched as an ERC-20 token in 2017, it later migrated to Binance’s own blockchain, BNB Chain. BNB is used for trading fee discounts, staking, payments, and DeFi applications. It powers Binance Smart Chain (BSC), enabling fast and low-cost transactions for decentralized applications (dApps), NFTs, and smart contracts. Binance regularly conducts BNB burns to reduce supply and maintain value. With widespread adoption, BNB is one of the top cryptocurrencies, offering utility across exchanges, DeFi platforms, and real-world applications like travel and entertainment payments.