The currency BNB (Binance Coin) is the digital currency of the Binance platform, one of the largest trading platforms in the world. It was launched in 2017 and initially operated on the Ethereum network (as ERC-20), then later migrated to its own Binance Chain.

Here are the key details about BNB:

Uses:

Pay trading fees on the Binance platform with a discount.

Purchase goods and services from stores and companies that accept BNB.

Participate in new projects via the "Binance Launchpad".

Use it in DeFi (decentralized finance) and staking on the Binance Smart Chain (BSC).

Blockchain:

Binance Smart Chain (BSC): a fast and inexpensive network that allows for the development of decentralized applications (DApps) and decentralized trading.