$BNB Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest crypto exchanges. Initially launched on Ethereum as an ERC-20 token, BNB later migrated to Binance Chain. It is used for transaction fees, staking, and payments within the Binance ecosystem. BNB also powers Binance Smart Chain (BSC), enabling decentralized applications (dApps) and smart contracts. Its utility extends to travel bookings, online shopping, and more. With periodic burns reducing supply, BNB remains a strong player in the crypto space. However, like all cryptocurrencies, it is subject to volatility and regulatory scrutiny. Investors should research before investing.
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