$BNB Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. BNB was launched in 2017 as a token on the Ethereum network but later migrated to its own Binance Chain network. BNB is used in a variety of applications within the Binance ecosystem, such as paying for trading fees at discounts on the platform, participating in initial coin offerings (ICOs) on Binance Launchpad, and in decentralized finance (DeFi) applications and the non-fungible token (NFT) marketplace. BNB features a periodic burning mechanism, where Binance buys and burns a portion of the coin to reduce its supply and increase its value over the long term. This makes it a popular choice among investors and traders. If you need more details about BNB or how to use it, I'm here to help!