$BNB BNB (Build and Build) is the native cryptocurrency of the BNB Chain, formerly known as Binance Smart Chain (BSC). Initially launched in 2017 as Binance Coin, it was created to offer trading fee discounts on Binance, one of the world's largest cryptocurrency exchanges. Over time, BNB evolved beyond just an exchange token and now powers a wide range of applications, including decentralized finance (DeFi), gaming, NFTs, and smart contracts. It is also used for transaction fees, staking, and governance within the BNB Chain ecosystem. With a strong utility and regular token burns, BNB remains a key asset in the crypto space.