#CreatorPad The BNB token is the native currency of the Binance platform, one of the largest cryptocurrency trading platforms in the world. It was launched in 2017 as a means to pay trading fees with discounts on the platform, and then evolved to become a currency with broader uses. BNB operates on the BNB Chain, which includes the BNB Beacon Chain and BNB Smart Chain, allowing for support of smart contracts and decentralized applications (DApps). It is used for payments, transfers, investments, and launching projects through Initial Exchange Offerings (IEO). It is also adopted in decentralized finance (DeFi) systems and blockchain-based gaming. Thanks to its speed and low fees, BNB is one of the most important cryptocurrencies globally.
