BnB (Binance Coin)

Binance Coin (BNB) is a digital currency created by the cryptocurrency exchange Binance. It was initially launched as an ERC-20 token on the Ethereum blockchain, but has since transitioned to Binance’s own blockchain, Binance Chain.

BNB has multiple use cases within the Binance ecosystem, including being used to pay for trading fees on the Binance exchange, participate in token sales on the Binance Launchpad platform, and as a means of payment for goods and services on various platforms that accept BNB.

As one of the most widely-used cryptocurrencies in the world, BNB has gained popularity among both traders and investors due to its utility and the various benefits that come with holding the token. These benefits include discounts on trading fees, access to exclusive events and promotions, and the ability to participate in the governance of the Binance ecosystem.

Overall, Binance Coin serves as a key component of the Binance ecosystem, providing users with a versatile and valuable digital asset that continues to grow in popularity and adoption.