$BNB BNB (Binance Coin) is the native token of Binance, one of the world’s largest cryptocurrency exchanges. Originally launched in 2017 as an ERC-20 token, BNB later migrated to its own blockchain, Binance Chain, and also plays a key role on Binance Smart Chain (BSC). BNB is used to pay trading fees at a discount, participate in token sales, and power various DeFi and NFT applications. Binance conducts regular BNB burns to reduce supply, enhancing its scarcity and potential value. With growing utility across the Binance ecosystem and beyond, BNB has become a vital asset in the broader crypto economy.