$BNB Binance Coin (BNB) is the native token of Binance, one of the largest and most popular cryptocurrency exchanges in the world. BNB is primarily used to pay fees within the Binance platform, giving users discounts on trading fees. Additionally, BNB is essential for interacting with the Binance Smart Chain (BSC), a high-performance blockchain that supports decentralized applications (dApps) and DeFi. The coin has experienced significant growth due to the massive adoption of Binance, and its use continues to expand within its ecosystem. However, its centralization and the regulatory risks associated with Binance are key aspects to consider for investors.