$BTC
BNB (Binance Coin) is the native cryptocurrency of the Binance exchange, one of the largest cryptocurrency platforms globally. Originally launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB transitioned to Binance's own blockchain, Binance Chain. BNB serves multiple purposes, such as paying for trading fees, transaction fees, and participating in token sales on Binance Launchpad. Over time, its utility has expanded to various decentralized finance (DeFi) applications. The coin’s value is also tied to Binance’s success, making it a prominent player in the crypto ecosystem. BNB is widely used for its efficiency and benefits within Binance’s services.
#BNB #Cryptocurrency #BinanceCoin #Blockchain #DeFi
