$BNB BNB (Build and Build), formerly known as Binance Coin, is the native cryptocurrency of the Binance ecosystem. Launched in 2017, BNB was initially created as an ERC-20 token on the Ethereum blockchain but later moved to its own blockchain, BNB Chain (previously Binance Chain and Binance Smart Chain). BNB is widely used within the Binance platform for trading fee discounts, token sales, and transaction fees on the BNB Chain.

Over the years, BNB has grown beyond just a utility token for Binance. It is now used in DeFi applications, NFT marketplaces, crypto loans, and even real-world payments through supported partners. Binance also regularly conducts BNB “burns,” reducing the total supply to increase its value over time.

As one of the top cryptocurrencies by market cap, BNB plays a key role in the broader crypto economy. Its versatility and deep integration with Binance services make it a popular choice for traders and developers alike.