BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest cryptocurrency exchanges. Originally launched on Ethereum, BNB now operates on Binance’s own blockchain, the BNB Chain. It is used to pay trading fees, transaction fees, and access exclusive features on Binance. BNB supports a wide range of applications, including decentralized finance (DeFi), NFTs, and token launches through Binance Launchpad. With fast transactions and low fees, BNB is also widely accepted across many platforms. Its utility, strong backing, and regular coin burns to reduce supply contribute to its long-term value and popularity in the crypto space.$BNB