$BNB Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the largest and most popular cryptocurrency exchanges globally. Launched in 2017 as a utility token on the Ethereum blockchain, BNB later migrated to Binance’s proprietary blockchain, the Binance Chain, and its advanced Binance Smart Chain (BSC). It serves a vital role within the ecosystem, offering users benefits such as reduced trading fees, access to exclusive token sales, and staking opportunities. Beyond the exchange, BNB has grown into a versatile digital asset used in various applications, including decentralized finance (DeFi), payment gateways, travel bookings, gaming, and powering transactions on the Binance Smart Chain. This blockchain is known for its high speed, low transaction costs, and support for decentralized applications (DApps) and NFTs. Additionally, BNB follows a deflationary model through periodic "burns," where a portion of the token supply is permanently removed, creating scarcity and potentially boosting its value over time. As a cornerstone of Binance's vast ecosystem, BNB has become a key driver of innovation in the blockchain and cryptocurrency space.