$BNB "BNB, or Binance Coin, is a cryptocurrency created by Binance, one of the world's largest cryptocurrency exchanges. Initially launched in 2017 as an ERC-20 token on the Ethereum blockchain, it later transitioned to Binance's native blockchain, the Binance Chain. BNB is primarily used to pay transaction fees on Binance at a discounted rate, participate in token sales, and power decentralized applications on Binance Smart Chain. Its utility has expanded to include payments for travel, services, and goods. With its growing adoption and limited supply of 200 million tokens, BNB has become one of the top cryptocurrencies globally by market capitalization."