Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, powering the Binance Exchange, Binance Smart Chain (BSC), and various decentralized applications (dApps). Originally launched as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance's own blockchain, BSC, enhancing transaction speed and reducing fees. BNB is widely used for trading fee discounts, participating in token sales on Binance Launchpad, and fueling transactions on BSC. With consistent utility and growing adoption, BNB remains a vital part of the crypto space.

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