$USUAL BNB is a digital currency that can be used for trading and paying fees on the Binance cryptocurrency exchange. BNB is also the digital currency that powers the BNB Chain ecosystem. As one of the most popular and widely used utility tokens in the world, BNB is useful to users in a wide range of applications and use cases.

BNB was launched through an Initial Coin Offering (ICO) that took place from June 26 to July 3, 2017, 11 days before trading began on the Binance exchange. The issuance price was 1 ETH for 2,700 BNB or 1 BTC for 20,000 BNB. Although BNB was launched through an ICO, it does not entitle users to claim profits from Binance and does not represent an investment in it.

With multiple applications available both within and outside the BNB Chain ecosystem, BNB serves a variety of purposes. Initially launched as an ERC-20 token on the Ethereum blockchain, BNB has since migrated to the BNB mainchain. Although the initial total supply was set at 200 million coins, it has gradually decreased due to frequent coin burns. Binance displays the current BNB price and updates it in real-time.