$BNB $BNB is the native cryptocurrency of Binance, the world’s largest crypto exchange by trading volume. Launched in 2017, it initially operated on Ethereum but later migrated to Binance's own blockchain, BNB Chain (formerly Binance Smart Chain). BNB is used to pay for trading fees on Binance at discounted rates, power decentralized apps (dApps), participate in token sales, and more. It supports Binance’s ecosystem, including Binance Launchpad, NFTs, DeFi platforms, and cross-chain tools. BNB has a deflationary model, with Binance conducting quarterly coin burns to reduce supply and increase value. Its strong utility and integration into Binance’s vast ecosystem give it long-term value and demand. As Binance continues to expand globally, BNB remains a central asset in driving innovation and user adoption across the crypto space.
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