Binance Coin (BNB) , launched in 2017 by Binance , one of the world’s largest cryptocurrency exchanges, has grown far beyond its original purpose as a utility token for discounted trading fees. Today, BNB is a multifunctional cryptocurrency that powers the Binance ecosystem , including the Binance Chain , Binance Smart Chain (BSC) , and various decentralized applications (dApps). With its versatility, low transaction fees, and widespread adoption, BNB has become one of the most valuable and widely used cryptocurrencies in the market.