$BNB BNB is the native cryptocurrency of the Binance platform, which is one of the largest cryptocurrency exchanges in the world. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB has since transitioned to its own blockchain, Binance Chain. BNB can be used for various purposes on the Binance platform, including trading fee discounts, participating in token sales on Binance Launchpad, and more. Additionally, BNB is involved in multiple applications within the Binance ecosystem, including Binance Smart Chain, which enables decentralized applications (dApps) and smart contracts.

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