#CryptoClarityAct BNB (Build and Build), formerly known as Binance Coin, is the native cryptocurrency of the BNB Chain ecosystem, originally launched by Binance in 2017. It was first created as an ERC-20 token on Ethereum but later migrated to Binance’s own blockchain. BNB powers various functions, including trading fee discounts on Binance, transaction fees on BNB Chain, and payments in partner platforms. It is also used in DeFi, NFTs, and smart contract execution. BNB undergoes quarterly burns to reduce supply, potentially increasing its value. With strong ties to Binance, BNB plays a central role in one of the largest crypto ecosystems.