BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest exchange platforms in the world. Initially created as an ERC-20 token on the Ethereum blockchain, it later migrated to its own blockchain, Binance Chain. BNB is used to pay discounted trading fees on Binance, but also for transactions, staking, and participation in projects launched through Binance Launchpad. Its utility and integration in multiple services of the ecosystem increase its demand. Additionally, Binance regularly conducts 'burn' operations to reduce the circulating supply, positively influencing its value over time. BNB is now one of the most relevant cryptocurrencies in the market.