$BNB

*BNB Coin Overview*

BNB (Binance Coin) is a cryptocurrency created by Binance, one of the largest cryptocurrency exchanges globally. Initially, it was used to pay trading fees on the Binance platform, offering discounts. Over time, BNB's utility has expanded to various applications, including:

- *Trading fee discounts*

- *Token sales* on Binance Launchpad

- *Payment* for goods and services

- *Staking* and earning rewards

BNB operates on the Binance Smart Chain (BSC), supporting decentralized applications (dApps). Its popularity stems from fast transaction times, low fees, and broad utility within the Binance ecosystem, making it a prominent cryptocurrency [4].