#BNB_Market_Update Binance Coin (BNB) is the native cryptocurrency of the Binance exchange, launched in 2017. It is used to pay trading fees, participate in token sales, and power the Binance Smart Chain (BSC) for DeFi and NFTs. BNB holders get discounts on Binance fees, which increases its demand. Binance also burns BNB tokens regularly, reducing supply and increasing value over time.#bnb