$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem – the largest cryptocurrency exchange platform in the world. Initially launched in 2017 as an ERC-20 token on the Ethereum network, BNB quickly evolved, becoming the backbone of its own blockchain – BNB Chain, a complex ecosystem that supports thousands of applications and millions of users.

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🔍 What is BNB?

BNB is a utility token, originally designed to provide discounts on trading fees on Binance Exchange. Over time, its utility has significantly increased, and today BNB has multiple functions:

• Payment for fees on Binance (spot, margin, futures, convert).

• Participation in Launchpad and Launchpool.

• Fueling the BNB Smart Chain network – for transaction fees and smart contracts.

• Usage in the Web3 ecosystem: games, NFTs, staking, DeFi.

• Commercial payments outside of Binance (through partnerships).