$BNB **BNB Currency**

It is the official currency of the **Binance** platform (the largest cryptocurrency exchange globally) and is considered an essential part of its ecosystem, including the **Binance Smart Chain** (BSC) and **Binance Chain**. It was launched in 2017 as an **ERC-20 token** on the Ethereum network, then migrated to its own network.

**Uses of BNB**:

1. Discount on trading fees on the Binance platform.

2. Financing purchases in project launches (such as Launchpad).

3. Powering decentralized applications (dApps) on the Binance Smart Chain.

4. Used in governance and voting processes.

**Features**:

- A percentage of the currency is periodically burned (destroyed) to increase its scarcity (deflationary policy).

- Its network supports fast and low-cost transactions compared to Ethereum.

**Risks**:

- Its value is tied to the performance of the Binance platform, exposing it to sharp fluctuations in cases of legal or technical issues.

- It faces fierce competition from similar currencies like **ETH** or **SOL**.

Despite being one of the established currencies, investing in it requires continuous monitoring of market developments and government regulations.$BNB