$BNB

Binance Coin (BNB) is the native digital currency of the Binance platform, one of the largest trading platforms in the world. It was launched in 2017 as a token built on Ethereum before transitioning to its own Binance Chain blockchain. BNB is used to pay trading fees on the platform with discounts, and it is also used in decentralized finance (DeFi) projects, initial coin offerings (ICO), and other applications.

Currently, BNB is ranked among the largest digital currencies by market capitalization, with a price of around $628. Binance provides periodic coin burns, which reduces supply and increases scarcity, potentially supporting its value over time. Despite competition, BNB remains a fundamental part of the digital currency ecosystem, especially with Binance's ongoing expansion.