$BNB Binance Coin ($BNB) is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency platforms globally. Initially launched as an ERC-20 token on the Ethereum blockchain, it later transitioned to Binance's own blockchain, Binance Chain. $BNB is used for various purposes within the Binance ecosystem, such as paying for trading fees, staking, and participating in token sales through Binance Launchpad. Over time, $BNB has gained popularity due to its utility and the continuous development of the Binance ecosystem, making it a key player in the broader cryptocurrency market.

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