BNB (Build and Build) is the native cryptocurrency of the $BNB Chain ecosystem, originally launched in 2017 by Binance as “Binance Coin.” Initially created for discounted trading fees on Binance Exchange, BNB has evolved into a multi-utility token powering DeFi, NFTs, gaming, and payment solutions. It is used for transaction fees on BNB Smart Chain (BSC) and BNB Beacon Chain, participating in token sales, and accessing exclusive Binance services. With a fixed maximum supply and periodic burns, BNB’s scarcity is maintained. It remains one of the largest cryptocurrencies by market cap, serving as a cornerstone asset in Binance’s rapidly growing blockchain ecosystem.
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