$BNB (BNB) is yet another cryptocurrency launched for use within an exchange, just like the Huobi Token and Unus Sed Leo. It was launched in August 2017 by one of the largest exchanges (cryptocurrency brokerages) in the world, Binance.

Initially, there were 200 million tokens, but Binance promised to conduct a burn of assets every quarter, with the intention of reducing this supply to around 100 million cryptocurrencies. Binance, which already has the Binance Chain and DEX platforms, stated that the BNB token will play a significant role in the future of its ecosystem.

Binance Coin offers users discounts on fees related to the platform, as the company has been continuously launching new services that allow the use of the token. The strong performance of the asset and the company's business strategy have received various accolades from experts and have made the coin one of the most traded in the world.