#BinanceEarnYieldArena Binance Coin is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Initially launched on Ethereum in 2017, BNB later migrated to Binance’s own blockchain, Binance Smart Chain (now BNB Chain). BNB is used to pay for trading fees on the platform at a discount, participate in token sales, and interact with decentralized apps built on the BNB Chain. With a growing ecosystem including Binance DEX, Launchpad, and DeFi services, BNB has become a utility token with a broad range of use cases. Binance also conducts periodic token burns to reduce supply and increase value, which helps maintain investor interest and demand.