$BNB Binance Coin ($BNB) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest cryptocurrency exchanges. Originally launched as an ERC-20 token on Ethereum, $BNB later migrated to Binance’s own blockchain, Binance Smart Chain (BSC). It is widely used for paying trading fees on Binance with discounts, participating in token sales on Binance Launchpad, and powering decentralized applications (dApps) on BSC. $BNB has become a key asset in the crypto market due to its versatility, fast transactions, and low fees. It also plays a vital role in Binance’s ecosystem growth and user engagement