$BNB Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Initially launched on Ethereum as an ERC-20 token, it later migrated to Binance's own blockchain, Binance Chain. BNB is used for transaction fees, trading discounts, and various applications within the Binance ecosystem. It also powers Binance Smart Chain (BSC), supporting decentralized applications (dApps) and smart contracts. Binance regularly burns BNB to reduce supply and increase value. Beyond trading, BNB is used for payments, travel bookings, and DeFi services. Its growing utility makes it a key player in the crypto market.