Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

2,536 Articles 11,206 Followers

The Binance Coin (BNB) is a token that was released by one of the world’s largest exchanges, Binance, in August 2017. There are a total of 200 million tokens, with Binance conducting a burn every quarter based on trading volumes on its platform. Officials have stated that they plan to eventually burn 50% of all BNB tokens, reducing the total number of tokens to 100 million. Binance, which already has the Binance Chain and DEX (decentralized exchange), has said that the BNB token will play a significant role in the future of Binance ecosystem.

As is the case with exchange tokens, BNB ties in strongly with the exchange’s services and features, like the ICO launchpad and Binance DEX. BNB is a base pair for many popular tokens, and offers users discounts on fees related to the platform. It has gained a lot of attention in 2019 for its performance with Binance steadily launching new services that permit the use of the BNB token. 

The discounts with BNB token are significant, though it will be halved with every passing year. The first year, 2018, sees a discount of 50% in fees, with the next 25% and so on until the fifth year, 2022, where discounts will stop. Currently in the second year, 2019, with a 25% discount, Binance have announced that they will retain the 25% discount for the third year. Having recently launched a margin trading facility on the platform, the BNB token also features heavily here, as it offers fees that are at half of the rate of any other trading pair. 

The strong performance and business strategy of the token has seen it receive praise from multiple insiders in the cryptocommunity, and it continues to perform well.

In this tag, read Binance Coin (BNB) news, price predictions, opinions and analyses created by users.


Timing is Everything in Yield Farms

2 minutes ago 3 minute read 0 comments AlucardLife

When it comes to yield farms, everything's a ponzi. But there's nothing to say you can't make money off of ponzis. Case in point: If you see this link within the next 14 hours, you have the chance to make a lot of cash. After that, the opportunity is...

BSC Investment Update and a Look at a New Project

8 hours ago 1 minute read 0 comments SteveR82

Hello everyone it has been a minute. Like I said in the into got suck in the office not that I mind enjoy my day job but will be back this week with more videos. This late week I pulled out of some pools on pancake swap and moved into some more Goos...

Beginners Guide to Binance Smart Chain!

11 hours ago 4 minute read 4 comments SamBTC

If you are feeling overwhelmed with the number of new Binance Smart Chain (BSC) based projects popping up everyday then trust me you are not alone. Few weeks back even I had my doubt if this was just a passing fad and was best to ignore it. Thanks to...

A Fraudulent Project on BSC that Allegedly Hacked and Stole more than $ 30 million

15 hours ago 1 minute read 0 comments hawk-eye

Just one day after sending the Meerkat Finance project in the "Binance Smart Chain" blockchain project, "Meerkat Finance", the Board of Directors delivered a letter yesterday explaining that programmers have taken more than $ 30 million from their ad...

NFT GAINING TRACTION

18 hours ago 2 minute read 0 comments Vaz310

The year is still young, but it is already promising to be a bumper 365 days for the growing non-fungible token (NFT) industry, with breakthroughs in the UK, North America, Japan and beyond. In Britain, Christie’s, arguably the world’s most famou...

$EC migrates to Binance Smart Chain

18 hours ago 1 minute read 0 comments Eternal Cash

$EC migrates to Binance Smart Chain Eternal Cash migrated on 06-03-2021 to the Binance Smart Chain Our new Contract Address is : https://bscscan.com/token/0x400df62c3052fdbaad8c74c0226147f9bfaaf7ec Why did we migrate to the Binance Smart Chain? - Et...

Three coins which could pump next week

21 hours ago 1 minute read 5 comments Cryptofab

As every weekend, the trend is quite uncertain. Professional traders are at home, we are between us guys... So we'd better think before investing, because next week will be another week, with new winnners and losers. Let's look first at the winners o...

Which are the entrepreneurs that are making bitcoin and blockchain technology mainstream?!

21 hours ago 2 minute read 0 comments Naruse18

Read how to get free BCH INSTANT >>  CLICK HERE   Crypto has seen its ups and downs. Starting from Bitcoin and obscurity and moving towards worldwide acceptance now, even though a number of countries remain skeptic to its potential. Yet, to my opinio...

Control your finances at BSC with Yieldwatch

21 hours ago 1 minute read 0 comments Makingdigital

If you are an investor who likes to diversify a large part of his portfolio but want to get out of the traditional system of the Excel notebook and notes, you should know Yieldwatch. Diversification reduces sector or specific risk, is a phrase that m...

Earn more crypto with Chaintip

22 hours ago 3 minute read 0 comments Naruse18

This product that we are going to review is a tipping bot. I must admit I have very bad experience with bots especially bots in Telegram. You could say I have BOTPHOBIA (a new term I just made hahaha). I learned about Chaintip when I was researching...