$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest crypto exchanges in the world. Initially launched on Ethereum as an ERC-20 token, BNB later migrated to Binance’s own blockchain, BNB Chain. It serves multiple functions, including trading fee discounts, token sales on Binance Launchpad, and payment for various goods and services. BNB is also used for staking, DeFi applications, and smart contracts. With regular token burns to reduce supply, BNB aims to increase in value over time. Its utility across Binance’s growing ecosystem makes it one of the most widely adopted cryptocurrencies today.