$BNB

Binance Coin (BNB): Powering the Binance Ecosystem

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, originally launched in 2017 as an ERC-20 token before migrating to the BNB Chain. It is used for trading fee discounts, staking, token sales, and paying transaction fees on Binance Smart Chain (BSC). BNB also powers decentralized applications (dApps), DeFi, and NFT marketplaces. Binance regularly burns BNB to reduce supply, increasing its value over time. With fast transactions, low fees, and strong utility across Binance’s platforms, BNB remains one of the top cryptocurrencies, offering investors multiple use cases and benefits within the growing crypto ecosystem.