BNB token
Overview
BNB is the native cryptocurrency of the Binance ecosystem, originally issued as an ERC-20 token on Ethereum before migrating to Binance Chain and BNB Chain. It is used to pay trading fees on the Binance exchange (with discounts) and for transaction fees and smart contract interactions on the BNB Chain.
Within the DeFi Intel graph, BNB connects to 14 tracked entities, most strongly to BNB Chain, Binance, Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 14 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | BNB Chain | 99% |
lists_token | Binance | 95% |
mentions | Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid | 95% |
mentions | Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit | 95% |
mentions | Bitcoin Holds Near $78K as $10B of Options Settle on Deribit | 95% |
mentions | Altcoins Surge as Bitcoin Drifts Near $75,000 | 95% |
mentions | Bitcoin Tops $73,000 Despite Iran Blockade | 95% |
mentions | GMX Rolls Out 24/7 Gold and Silver Trading | 95% |
mentions | Crypto Price Analysis Apr-17: ETH, XRP, ADA, BNB, and HYPE | 95% |
mentions | Ether Outperforms as Bitcoin Tops $75,000 | 95% |
Frequently asked questions
What is BNB?
BNB is the native cryptocurrency of the Binance ecosystem, originally issued as an ERC-20 token on Ethereum before migrating to Binance Chain and BNB Chain.
What is BNB used for?
BNB is used to pay trading fees on the Binance exchange (with discounts) and for transaction fees and smart contract interactions on the BNB Chain.
What chain does BNB run on?
BNB originally ran on Ethereum as an ERC-20 token, then migrated to Binance Chain and BNB Chain.