$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, initially launched as an ERC-20 token on Ethereum but later migrated to Binance Chain and BNB Smart Chain (BSC). It is widely used for transaction fees, trading fee discounts, staking, and governance on Binance’s platforms. BNB also powers decentralized applications (dApps), NFT marketplaces, and DeFi projects on BSC. Binance regularly burns BNB through its auto-burn mechanism to reduce supply and maintain value. With its growing utility, BNB has become one of the top cryptocurrencies, playing a crucial role in Binance’s expanding ecosystem and beyond.