#GENIUSActPass BNB (Build and Build), formerly known as Binance Coin, is the native cryptocurrency of the BNB Chain, created by Binance, one of the world's largest crypto exchanges. Initially used to offer trading fee discounts, BNB now powers smart contracts, decentralized apps (dApps), and transactions on the BNB Smart Chain. It also has utility in payments, travel bookings, and token sales. With continuous innovation and a strong ecosystem, BNB remains among the top cryptocurrencies by market cap. It plays a crucial role in blockchain development and decentralized finance.
*Source: ChatGPT, OpenAI's AI language model*