Binance Coin
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About Binance Coin
Binance Coin (BNB) is the native cryptocurrency token of the Binance ecosystem. BNB was created to be used for transaction fee discounts on the Binance exchange and to pay gas fees on Binance Chain and BNB Chain (Binance Smart Chain). Over time BNB has also been used across the Binance ecosystem for token burns, payments, staking/DeFi use cases, and as a utility token within many third‑party applications that accept it. BNB is a digital asset and not a corporation; it is issued and sponsored by entities in the Binance ecosystem.
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