BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, which includes the Binance exchange, Binance Smart Chain (BSC), and other related platforms.

Initially created as a utility token for discounted trading fees on the Binance exchange, BNB has evolved into a versatile cryptocurrency with various use cases:

- *Trading fee discounts:* BNB holders can enjoy discounted trading fees on the Binance exchange.

- *Payment processing:* BNB can be used for payment processing, such as buying virtual gifts, paying for travel expenses, and more.

- *Staking and yield farming:* BNB can be staked or used for yield farming on Binance Smart Chain (BSC) and other compatible platforms.

- *Gaming and NFTs:* BNB is used in various gaming and NFT platforms, such as Binance NFT and others.

- *DeFi applications:* BNB is integrated into various DeFi (Decentralized Finance) applications, providing liquidity and other financial services.

BNB has become one of the top cryptocurrencies by market capitalization, with a wide range of use cases and a strong ecosystem supporting it.