$BNB

$BNB, or Binance Coin, is the native cryptocurrency of the Binance ecosystem, one of the world’s largest cryptocurrency exchanges. Initially launched as an ERC-20 token on Ethereum, BNB later migrated to Binance’s own blockchain, BNB Chain. It serves multiple purposes, including trading fee discounts, participation in token sales on Binance Launchpad, and payment for various services within the Binance ecosystem. BNB is also used in DeFi applications, NFT platforms, and smart contracts. With its strong utility and integration across Binance's ecosystem, $BNB has become one of the top cryptocurrencies by market capitalization, playing a key role in crypto finance.