$BNB one of the world's largest and most popular cryptocurrency platforms. Originally created as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance’s own blockchain, *Binance Chain*. BNB is primarily used to pay for transaction fees on the Binance exchange, offering users discounts. It is also used for staking, participating in token sales on Binance Launchpad, and for decentralized applications (dApps) on Binance Smart Chain (BSC). BNB has grown in use and value, becoming one of the top cryptocurrencies by market capitalization