$BNB

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, originally created as an ERC-20 token on Ethereum before migrating to Binance Chain. It is widely used for trading fee discounts, payments, and DeFi applications. BNB is often paired with other cryptocurrencies on exchanges, allowing users to trade assets like BTC/BNB, ETH/BNB, and more. As Binance expands, BNB plays a crucial role in its ecosystem, including staking, liquidity pools, and NFT transactions. Market demand and Binance’s growth influence its price. Traders often monitor BNB pairs for arbitrage opportunities and price movements, making it a key asset in the crypto market.