$BNB **BNB** can refer to different things depending on the context. In the world of cryptocurrencies, **BNB** is the native token of Binance, one of the largest cryptocurrency exchange platforms in the world. Originally known as Binance Coin, BNB is used to pay transaction fees on Binance, participate in token launches, and more. It is also compatible with the Binance Smart Chain (BSC), a blockchain designed for smart contracts and decentralized applications.