$BNB **\$BNB (Binance Coin)** is the native cryptocurrency of **Binance**, one of the world’s largest cryptocurrency exchanges. Originally launched on Ethereum as an ERC-20 token in 2017, BNB later migrated to **Binance Chain** and now powers the **BNB Smart Chain (BSC)**—a blockchain platform for fast, low-cost decentralized apps (dApps), DeFi, and NFTs.

BNB is used to:

* Pay trading fees on Binance (with discounts)

* Participate in token sales on Binance Launchpad

* Power transactions on BNB Smart Chain

* Stake for rewards and governance

With strong utility and backing, **\$BNB** remains a top crypto asset by market cap.