$BNB BNB (Build and Build), originally launched as Binance Coin, is the native cryptocurrency of the Binance ecosystem. Initially created as a utility token for discounted trading fees on Binance Exchange, BNB has expanded far beyond its original use. It now powers the Binance Smart Chain (BSC), enabling fast, low-cost transactions and supporting a wide range of decentralized applications (dApps), DeFi projects, and NFTs. With regular token burns to reduce supply and enhance value, BNB maintains a deflationary model. As Binance grows globally, BNB remains integral to its ecosystem, offering users versatility in payments, staking, and participation in token sales and governance.
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