#Tradersleague BNB, or Binance Coin, is the native cryptocurrency of Binance, the world's largest crypto exchange. Initially, it was created to reduce trading fees on the Binance platform, but its utility has since significantly expanded.

BNB serves as the foundational currency for the Binance Smart Chain (BSC) and later the BNB Chain, creating a popular ecosystem for decentralized applications (dApps) and DeFi (decentralized finance) projects. Investors can utilize BNB for staking, yield farming, and participating in new crypto launches. Due to its versatile applications and strong backing from Binance, BNB holds a significant position in the crypto market. $BNB