Binance Coin ($BNB) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Initially launched on Ethereum in 2017 as an ERC-20 token, $BNB later migrated to Binance’s own blockchain, BNB Chain.

$BNB is widely used for trading fee discounts, transaction fees on BNB Chain, and participation in token sales on Binance Launchpad. It also plays a role in DeFi, NFTs, and payments within the Binance ecosystem.

With strong utility, periodic token burns reducing supply, and Binance’s dominance in the crypto industry, $BNB remains a key asset in the digital economy.