$BNB
BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Initially launched on the Ethereum blockchain as an ERC-20 token, BNB later migrated to Binance’s own blockchain, Binance Chain. BNB is used for various purposes, including trading fee discounts, transaction fees on Binance Smart Chain (BSC), token sales, and even real-world payments. Binance also conducts periodic burns to reduce supply and maintain its value. With its strong ecosystem and growing adoption, BNB remains a significant asset in the crypto market.
