$BNB BNB (Binance Coin) is the native token of the Binance ecosystem – one of the largest cryptocurrency exchanges in the world. BNB was originally issued as an ERC-20 token on Ethereum, then migrated to Binance Chain playing a central role in the ecosystem. Users can use BNB to reduce transaction fees, participate in Launchpad, pay for services, and more. Additionally, BNB plays an important role in Binance Smart Chain (BSC), supporting the development of decentralized applications (dApps). With its high utility, BNB increasingly asserts its value in the market.