$BNB Binance Coin (BNB) is a cryptocurrency that powers the Binance ecosystem, one of the largest crypto exchanges globally. Launched in 2017, BNB has evolved into a multi-functional coin with various use cases, including trading fee discounts, payments, staking, and powering the BNB Smart Chain ecosystem. With a maximum supply of 200 million tokens, BNB's deflationary model involves regular token burns to reduce supply and potentially increase value over time.

*Key Features of BNB:*

- *Utility*: Offers fee discounts, payment options, and more within Binance's ecosystem

- *Deflationary Model*: Regular token burns reduce supply, increasing scarcity