#cryptocurrency #Binance #BNB #blockchain #deflationary

Binance Coin (BNB), launched in 2017, is the native cryptocurrency of the Binance ecosystem, initially created for trading fee discounts. Transitioning from an ERC-20 token to Binance Chain in 2019, BNB now serves various functions, including travel bookings and financial services. Its deflationary model, through systematic token burning, enhances scarcity. BNB's role in the Binance Smart Chain further solidifies its position in the cryptocurrency market, driving innovation and accessibility.$BNB