$BNB The coin pair $BNB, representing Binance Coin, is a significant cryptocurrency trading pair that facilitates transactions on the Binance exchange and beyond. Originally launched as a utility token for the Binance platform, BNB has evolved to serve multiple purposes within the Binance ecosystem, including transaction fee discounts, participation in token sales on Binance Launchpad, and staking in various DeFi applications. Its utility has driven demand, making it one of the top cryptocurrencies by market capitalization. As the Binance ecosystem continues to expand, the $BNB coin pair remains pivotal for traders and investors looking to leverage its diverse applications and the overall growth of the cryptocurrency market.