BNB, also known as Binance Coin, is the native cryptocurrency of the Binance exchange platform. Launched by Binance in 2017, BNB has gained significant popularity within the cryptocurrency community. BNB serves multiple purposes within the Binance ecosystem. Firstly, it can be used to pay for trading fees on the Binance platform, providing users with a discount when using BNB for transaction fees. Additionally, BNB is used in Binance Launchpad, a platform for hosting token sales and initial coin offerings (ICOs), where participants can use BNB to invest in new projects. Moreover, BNB has expanded its utility beyond the Binance exchange. It is now accepted by various merchants and online platforms for payments and transactions. BNB also powers Binance Smart Chain (BSC), a blockchain network that enables the creation of decentralized applications (DApps) and the execution of smart contracts. As one of the largest cryptocurrencies by market capitalization, BNB has become an important asset for crypto traders and investors. Its liquidity and widespread acceptance make it a valuable tool for participating in the crypto market.