$BNB $BNB is the native cryptocurrency of the Binance ecosystem, originally launched as an ERC-20 token in 2017 and later migrated to the Binance Chain and BNB Smart Chain. It powers various functions across Binance platforms, including:

Trading fee discounts

Token sales on Binance Launchpad

Transaction fees on BNB Chain

Staking and DeFi participation

BNB has a burn mechanism that reduces its total supply over time, aiming to increase scarcity and value. As Binance grows, BNB plays a central role in its ecosystem, making it a key token to watch in the broader crypto market.