$BNB Coin: An Overview

$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest and most popular cryptocurrency exchanges in the world. Launched in 2017, BNB was initially created as an ERC-20 token on the Ethereum blockchain, but later migrated to its own blockchain, Binance Chain. BNB was primarily used to pay for trading fees on the Binance exchange at discounted rates. However, its use cases have expanded significantly over the years. Today, BNB can be used for a variety of purposes including transaction fees on Binance Smart Chain (BSC), token sales on Binance Launchpad, online payments, and even booking travel. With its strong backing and growing ecosystem, BNB has become one of the top cryptocurrencies by market capitalization, making it a significant player in the blockchain world.