$BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchange platforms. It is used to reduce fees, participate in token launches (Launchpad), and in applications within the BNB Smart Chain (BSC). Additionally, Binance conducts periodic burns of BNB to reduce its supply and increase its long-term value. It is key in the DeFi ecosystem and in fast transactions with low fees.