What is $BNB ?

BNB, formerly known as Binance Coin, is the native cryptocurrency of the BNB Chain ecosystem. It's a versatile digital asset with numerous applications. Initially created to facilitate discounted trading fees on the Binance exchange, BNB has evolved significantly. Today, it powers the BNB Chain, which includes BNB Smart Chain, BNB Greenfield, and opBNB.

BNB serves various purposes, including:

* Paying transaction fees on the BNB Chain.

* Participating in token sales.

* Facilitating payments for various online and offline services.

As a key player in the cryptocurrency space, BNB's utility and widespread adoption contribute to its significance.