$BNB
BNB (Binance Coin) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Initially launched in 2017 as an ERC-20 token on Ethereum, it later migrated to Binance's own blockchain, Binance Chain. BNB is widely used for trading fee discounts on Binance, transaction fees on Binance Smart Chain (BSC), and various decentralized applications (dApps). It also powers token sales on Binance Launchpad and is accepted by merchants worldwide. Binance regularly conducts BNB burns to reduce supply and maintain its value. Over time, BNB has evolved beyond a utility token, supporting smart contracts, DeFi projects, and NFTs. It remains one of the top cryptocurrencies by market capitalization, with strong adoption across the blockchain ecosystem.
