Binance Coin (BNB) is the native cryptocurrency of the Binance ecosystem, one of the world’s largest and most trusted crypto exchanges. Initially launched as an ERC-20 token on Ethereum, BNB later moved to its own blockchain, the BNB Chain. The coin was created to provide users with benefits inside the Binance platform, such as discounted trading fees, faster transactions, and seamless interactions with multiple blockchain applications. Over time, BNB has grown beyond just an exchange token and now plays a major role across the Binance ecosystem.