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$BNB Binance Coin (BNB) is the native cryptocurrency of Binance, one of the world’s largest cryptocurrency exchanges, launched in 2017. Initially created as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance Chain, Binance’s own blockchain. BNB powers the Binance ecosystem, enabling users to pay for transaction fees, trading fees, and participate in token sales on Binance Launchpad. It is also widely accepted for online payments, travel bookings, and decentralized finance (DeFi) applications. Binance employs a quarterly coin-burning mechanism to reduce BNB's total supply, driving its value over time. BNB is central to Binance's vision of advancing blockchain technology globally.