$BNB

What is Binance Coin (BNB)?

Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest cryptocurrency exchanges globally. Originally launched in 2017 on the Ethereum blockchain, BNB later migrated to Binance Chain, a blockchain developed by Binance.

Key Uses of BNB:

1. Transaction Fees: BNB can be used to pay trading fees on the Binance platform at a discounted rate.

2. Utility Token: It powers the Binance Smart Chain (BSC), where it’s used