$BNB

$BNB Binance Coin (BNB) is the native cryptocurrency of Binance, one of the largest exchanges in the world. Launched in 2017🚀🚀🚀🚀

Initially, it operated on the Ethereum network as an ERC-20 token, but later migrated to its own chain, Binance Chain. BNB is used to pay fees on Binance with discounts, participate in token sales, and conduct transactions on the Binance Smart Chain (BSC), an efficient blockchain for smart contracts. Its supply is limited to 200 million coins, with periodic burns to reduce the supply and increase its scarcity, which potentially drives its value over time.