$BNB BNB, originally Binance Coin, is the native cryptocurrency of the Binance ecosystem, the world's largest crypto exchange by trading volume. Launched in 2017, it initially offered trading fee discounts on the Binance platform.

Today, BNB powers the extensive BNB Chain ecosystem, which includes the BNB Smart Chain (BSC) known for its fast transactions and low fees, and other specialized chains like opBNB and BNB Greenfield. BNB is crucial for paying transaction fees across these networks, participating in decentralized applications (dApps), and engaging in DeFi activities like staking and yield farming.

Beyond its utility on the exchange, BNB has evolved into a versatile asset used for various real-world applications, including travel bookings and online payments. Its supply is gradually reduced through regular "coin burn" events, aiming to increase scarcity and value over time. BNB's robust ecosystem and diverse use cases have solidified its position as a top-tier cryptocurrency.