$BNB BNB (Binance Coin) is the cryptocurrency issued by the Binance exchange. Initially, BNB was built on the Ethereum platform according to the ERC-20 standard, but later migrated to Binance Chain. BNB is used to pay transaction fees on the Binance exchange with attractive discounts. In addition, BNB is also used in DeFi applications, payments, and NFT trading. With the rapid development of the Binance ecosystem, BNB increasingly affirms its position as one of the leading cryptocurrencies in the market.