$BNB
BNB, or Binance Coin, is the native cryptocurrency of the Binance exchange, one of the world's largest cryptocurrency trading platforms. Launched in 2017, BNB was initially created as a utility token to pay for trading fees on Binance at a discount. Over time, its use has expanded to include transaction fees on the Binance Smart Chain, token sales on Binance Launchpad, and more. BNB plays a crucial role in the Binance ecosystem, supporting various applications and services. Its value is influenced by the growth of the Binance platform and overall market trends.
