$BNB

The BNB (Binance Coin) is the native digital currency of the Binance platform, one of the largest cryptocurrency trading platforms in the world. Launched in 2017, it is used to pay trading fees on the platform at discounted rates, as well as in DeFi projects, blockchain games, and travel bookings. BNB started as an ERC-20 token on the Ethereum network, then migrated to the BSC (Binance Smart Chain) which supports smart contracts and fast transactions with low fees. The coin undergoes periodic burning to reduce supply and increase value. Thanks to its diverse uses and strong support from Binance, BNB is one of the prominent currencies in the digital market.