$BNB
Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. BNB has various uses within the Binance ecosystem, including:
* Payment of transaction fees: Users can use BNB to pay for trading fees on Binance with a discount.
* Participation in launchpad: BNB is used to participate in new token sales on Binance Launchpad.
* Governance: BNB holders have voting rights in governance proposals on the BNB Chain.
* Staking and yield farming: BNB can be staked to earn rewards or used in DeFi protocols on the BNB Chain.