$BNB Binance Coin, the native cryptocurrency of the Binance exchange.
BNB is primarily used to pay for trading fees on the Binance exchange, offering users discounts.
It can also be used for online and in-store payments through Binance Card or Binance Pay, and for booking travel.
BNB functions as a utility token within the BNB Chain ecosystem, supporting various applications like games, DApps, and token sales.
It can be exchanged or traded for other cryptocurrencies, such as Bitcoin and Ethereum.