$BNB

BNB, or Binance Coin, is a cryptocurrency created by Binance, one of the largest cryptocurrency exchanges in the world. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB later transitioned to Binance's own blockchain, Binance Chain. BNB is primarily used to pay for transaction fees on the Binance exchange, offering users discounts for doing so. Over time, BNB’s utility has expanded, including use for token sales, trading, and even payment for goods and services. It is also one of the top cryptocurrencies by market capitalization, reflecting its significant role in the crypto ecosystem.