BNB (BNB)

Power a blockchain used by millions. Every day.

What is BNB?

BNB is the native cryptocurrency of BNB Chain, one of the most actively used blockchain networks in the world. Originally created as a utility token for the Binance exchange, BNB evolved into the fuel for an entire ecosystem of decentralized applications, games, and financial products.

BNB Chain processes millions of transactions daily with fees that cost a few cents. This combination of low cost and high throughput has made it especially popular in markets where transaction affordability is critical. The ecosystem hosts thousands of dApps spanning DeFi, gaming, NFTs, and social applications.

BNB uses a token burn mechanism that permanently removes coins from circulation each quarter, reducing the total supply over time. This deflationary pressure is designed to increase scarcity as the ecosystem grows.

How BNB Works

BNB Chain is like a fast, affordable highway system for digital transactions. It uses a consensus mechanism called Proof of Staked Authority, where a small set of trusted validators take turns processing transactions. Because fewer validators need to agree, the network can move quickly and keep fees low. BNB is the fuel for everything on this highway — paying tolls (fees), reserving lanes (staking), and accessing services built along the route.

BNB Ecosystem

One of the largest DeFi ecosystems with PancakeSwap and Venus
Low-cost gaming and NFT platforms accessible to mainstream users
BNB staking for network security and governance participation
Cross-chain bridges connecting to Ethereum, Solana, and other networks
Regular token burns reducing total supply over time

Team & Development

BNB was created by Binance, the world's largest cryptocurrency exchange by trading volume, founded by Changpeng Zhao (CZ). BNB Chain development is now supported by a broader community including the BNB Chain Foundation and independent development teams. The network operates as a decentralized ecosystem beyond Binance itself.

Frequently Asked Questions

Which network does BNB run on?

BNB is the native token of BNB Chain (BEP-20 standard). It also exists on Ethereum as an ERC-20 token, but most activity and applications are on BNB Chain. When buying, confirm the delivery network matches your wallet.

What can I do with BNB?

Pay transaction fees on BNB Chain, participate in DeFi protocols, trade NFTs, stake for rewards, and access services across the BNB ecosystem. It is also used for fee discounts on the Binance exchange.

What wallets support BNB?

MetaMask (with BNB Chain added as a custom network), Trust Wallet, and SafePal all support BNB natively. Hardware wallets like Ledger also work with BNB Chain through MetaMask integration.

Buy BNB on Swaps

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