#StopLossStrategies Binance Coin (BNB): The Power Behind Binance Ecosystem

Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world's largest cryptocurrency exchanges. Initially launched as an ERC-20 token, BNB later migrated to the Binance Chain. BNB serves various purposes, including paying for transaction fees on Binance Exchange, participating in token sales on Binance Launchpad, and even powering Binance Smart Chain (BSC) for decentralized applications (dApps). Over time, BNB has seen strong growth and adoption, becoming one of the top cryptocurrencies by market capitalization. Its utility, regular token burns, and expanding ecosystem make BNB an essential asset for crypto enthusiasts.