$BNB BNB (Binance Coin) is a cryptocurrency issued by one of the largest cryptocurrency exchanges in the world—Binance in 2017. Initially, BNB was an ERC-20 token on the Ethereum network, but later, with the launch of Binance Chain and Binance Smart Chain (now known as BNB Chain), BNB became the native token of these blockchains.

BNB has multiple uses within the Binance ecosystem, including:

• Paying trading fees: Using BNB to pay trading fees on the Binance exchange allows users to enjoy discounts.

• Participating in the Binance Smart Chain ecosystem: BNB can be used to pay transaction fees on the Binance Smart Chain and participate in decentralized applications (DApps) and DeFi projects.

• Purchasing goods and services: Through Binance Card or Binance Pay, BNB can be used to pay for goods and services online and in physical stores.

• Booking travel services: On platforms like Travala.com, BNB can be used to book hotels and flights.

• Participating in Binance Launchpad: Users holding BNB can participate in new token issuance events on Binance Launchpad.

Additionally, Binance regularly conducts BNB burns to reduce the supply of BNB in the market, enhancing its scarcity and potential value.

Currently, the price of BNB is $637.25, with a daily high of $641.22 and a low of $614.95.

In summary, BNB, as the core token of the Binance ecosystem, continues to enhance its application scenarios and value alongside the platform's development.