$BNB
BNB (Build and Build) is the native cryptocurrency of the BNB Chain ecosystem, which includes BNB Beacon Chain and BNB Smart Chain (BSC). Originally launched in 2017 by Binance as “Binance Coin,” it was initially an ERC-20 token on Ethereum but later migrated to Binance’s own blockchain.
Key points about BNB:
Utility: BNB is used to pay for trading fees on Binance with discounts, participate in token sales on Binance Launchpad, cover transaction fees on BNB Smart Chain, and for various DeFi, NFT, and Web3 applications.
BNB (Build and Build) is the native cryptocurrency of the BNB Chain ecosystem, which includes BNB Beacon Chain and BNB Smart Chain (BSC). Originally launched in 2017 by Binance as “Binance Coin,” it was initially an ERC-20 token on Ethereum but later migrated to Binance’s own blockchain.
Key points about BNB:
Utility: BNB is used to pay for trading fees on Binance with discounts, participate in token sales on Binance Launchpad, cover transaction fees on BNB Smart Chain, and for various DeFi, NFT, and Web3 applications.