Binance Chain is a blockchain platform developed by Binance, one of the largest cryptocurrency exchanges in the world. Launched in April 2019, it is designed to facilitate fast and low-cost transactions, primarily for trading digital assets. The chain supports the creation of new tokens and decentralized applications, making it a versatile environment for developers. The native cryptocurrency of Binance Chain is BNB, which is used for transaction fees and other functionalities within the ecosystem. The platform emphasizes high throughput and quick confirmation times, allowing users to trade and transfer assets efficiently.