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

Binance Coin (BNB)

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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.


QFS and what's to come

6 hours ago 2 minute read 0 comments alquimista1501

Now more than ever I have full confidence in Bitcoin and cryptocurrencies. Besides representing a system of financial freedom, it is an emancipatory element even for the system and the structure of many countries. I begin with this introduction and u...

Let's learn Automated Market Maker *AMM* & Liquidity Pool @ Binance Academy | #TLP #1

6 hours ago 9 minute read 0 comments BLOCKCHAIN BRAIN

Binance Academy is a large Blockchain Knowledge Base with over 200 articles. The bad part of a good story for an indecisive human like me, but, thanks to my new Learning Strategy I'm forced to choose a topic because of the article's title. So, from 2...

Living times "In Extremis"

8 hours ago 1 minute read 1 comment alquimista1501

They say that the extremes are not healthy at all, that everything in excess is bad and that it would be an unnecessary waste, that everything can be maintained with a currency balance. I refer to this for several articles that mention that we are no...

Binance Launcpool launched 6th project | 1,500,000 CertiK's CTK Tokens is ready to Farmers

11 hours ago 1 minute read 0 comments BLOCKCHAIN BRAIN

He//o World. Welcome to Blockchain Announcements.  Today, 2020-10-22 09:42 Binance noticed Binancians get ready to stake some BNB, BUSD, and CTK Tokens. Farming will start on 2020/10/23 at 0:00 AM (UTC). CertiK comes with a new Launchpool format, 12-...

Win $50,000 worth of the Chromia (CHR) tokens in new Binance's Trading Competition

19 hours ago 2 minute read 0 comments BLOCKCHAIN BRAIN

He//o World, welcome to my new PublishOx's blog "Blockchain Announcements" where I'll talk about news, updates, offers, etc. Today is the Trading day when Binance gives us an offer to win 50.000$, so let's see how can we get that money. Promotion A...

Bainance CEO: National digital currencies can be a threat to bitcoin

19 hours ago 1 minute read 1 comment Ana_2020

  Changpeng Zhao, CEO of Bainance Exchange, said in a recent comment on national digital currencies that they could pose a threat to bitcoin. According to the Quin Telegraph, Zhao explained that if a national digital currency with more advanced techn...

The Ayes and the Noes for Cryptocurrencies on Paypal

20 hours ago 1 minute read 0 comments ircrp

  With one of the most adapted online financial services announcing on 21st of October that it is about to support the purchases, sale and holding of Cryptocurrencies starting with the United States in the next year of 2021 we will dive into the good...

PayPal ... will no longer be a rumor

23 hours ago 1 minute read 2 comments alquimista1501

Surely the news of the day, even though there was already an indication that this payment processor would enter the cryptographic world, its news can be considered as the strongest fundamental that has to help, in part, to drive the price of Bitcoin...

CBDC's ... Position and Dominance

23 hours ago 1 minute read 0 comments alquimista1501

This year it definitely changed us; Beyond all the global issue that we are currently experiencing, cryptocurrencies have had their share of protegonism, and without a doubt Bitcoin has been the star of this film. With a nuance of emotions it has mad...

Do you follow me on social media ?

22 Oct 2020 1 minute read 2 comments kingscrown

I have followers here but not sure if they are aware of other places im doing different stuff on or maybe you guys forgot to act on those?Anyways if you read this and click - follow me/subscribe onto those. I'm active on twitter with close to 4000...