#CryptoScamSurge BNB (Binance Coin) is a digital currency launched by the Binance platform in 2017. It started on the Ethereum network and then moved to the Binance Smart Chain, which is a fast network with low costs. BNB is used to pay trading fees on the Binance platform, obtain discounts, participate in new projects, and is also used in decentralized applications (DApps) and games. Binance is working to reduce the supply of the currency through regular 'burn' operations, which may increase its value over time. BNB is very popular and is considered one of the largest digital currencies in terms of market capitalization and usage.
