BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. Originally launched as an ERC-20 token, BNB now operates on its own blockchain, BNB Smart Chain (BSC), enabling fast, low-cost transactions and smart contract functionality. BNB is used for trading fee discounts, token sales, and powering decentralized applications (dApps) on BSC. Its utility and strong backing by Binance drive its value and adoption. With regular token burns reducing supply, BNB has become a top-tier crypto asset. As the Binance ecosystem grows, BNB remains central to its innovation and long-term vision.
