$BNB is the native cryptocurrency of the Binance ecosystem. Unlike many cryptos, BNB has utility beyond trading—it powers transaction fees on Binance Exchange, fuels Binance Smart Chain (BSC) for smart contracts, and enables DeFi, NFTs, and staking. Its quarterly burn mechanism reduces supply over time, increasing scarcity. BNB stands out from Bitcoin and Ethereum by offering faster transactions and lower fees, while avoiding mining through a Proof-of-Staked-Authority model. As Binance expands globally, BNB’s relevance grows—not just as an investment asset, but as an essential engine driving one of the world’s largest crypto platforms.