$BNB BNB (Build and Build) is the native cryptocurrency of the Binance ecosystem, originally launched as Binance Coin in 2017 through an ICO. Initially based on Ethereum’s ERC-20 standard, it was later migrated to Binance Chain and now runs on BNB Smart Chain (BSC), a blockchain that supports smart contracts and decentralized applications (dApps).

BNB is used for a wide range of purposes, such as paying trading fees on Binance, participating in token sales, making in-store and online payments, and powering DeFi protocols on BSC. It also plays a key role in governance and staking within the Binance ecosystem.

One of its most important features is the quarterly burn mechanism, which reduces the total supply over time, making it deflationary and increasing its scarcity. BNB has established itself as one of the top cryptocurrencies by market cap, widely adopted for utility and investment purposes.