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BNB (Binance Coin) is the native cryptocurrency of the Binance exchange, one of the largest crypto trading platforms in the world. Initially launched on Ethereum, BNB later migrated to Binance's own blockchain, Binance Smart Chain (BSC). It is used to pay trading fees, participate in token sales, and access various services within the Binance ecosystem. BNB also supports smart contracts, DeFi applications, and NFT platforms. With regular coin burns, Binance reduces BNB's supply, potentially increasing its value over time. BNB has gained popularity for its utility, fast transactions, and low fees, making it a key asset in the crypto market.