$BNB BNB (Build and Build), originally launched as Binance Coin, is the native cryptocurrency of the Binance ecosystem. It was initially created on Ethereum but later migrated to Binance's own blockchain, BNB Chain. BNB is widely used to pay for trading fees on Binance with discounts, participate in token sales on Binance Launchpad, and fuel transactions on BNB Smart Chain. Over time, its utility has expanded to include payments, travel bookings, and decentralized finance (DeFi) applications. BNB also undergoes regular token burns to reduce supply and potentially increase value. It remains one of the top cryptocurrencies by market capitalization.