#Write2Earn Binance Coin (BNB) is a cryptocurrency associated with the Binance exchange. Initially created as an ERC-20 token on the Ethereum blockchain, BNB later migrated to Binance's own blockchain, Binance Chain. It serves various purposes within the Binance ecosystem, including transaction fee discounts, participating in token sales on Binance Launchpad, and powering the Binance Smart Chain for decentralized applications. BNB has gained popularity for its utility and integration within the Binance platform.