$BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest and most influential crypto exchanges in the world. Initially launched as an ERC-20 token on Ethereum, BNB later migrated to Binance's own blockchain, BNB Chain. It is widely used to pay trading fees on Binance at discounted rates, participate in token sales on Binance Launchpad, and fuel transactions across the BNB Smart Chain. BNB also functions as a utility and governance token in many decentralized applications (dApps). Its value is supported by regular token burns, creating a deflationary model that benefits long-term holders and users.$BNB

BNB

629.7

-1.17%