$BNB BNB is the native cryptocurrency of Binance and Binance Smart Chain (BSC), used for trading fee discounts, token burns, and powering decentralized applications (dApps) and decentralized finance (DeFi) protocols. With a total supply of 200 million tokens, Binance regularly conducts burns to reduce supply, aiming for 100 million.BNB also serves as a means of payment within the Binance ecosystem and is crucial for transaction fees on BSC. Its value is influenced by Binance’s platform growth and adoption, making it an important asset for traders and DeFi participants.