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.

BSC Learn & Earn Round 3 : Final Quiz Answers

8 hours ago 1 minute read 0 comments FabPure

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12 hours ago 3 minute read 0 comments Bitloca

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15 hours ago 7 minute read 0 comments Michael @ CryptoEQ

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Welcome!   We publish a presale list every day between 10-12 UTC. Most of the presales are on the dxsale or unicrypt platform. Do your own research before investing! This is just a list! Our telegram group and channel!   💬 Group:

Sometimes you just get lucky and have to enjoy it !

18 hours ago 1 minute read 0 comments Crypto_Lemon

Hello HODLers, If you have been following me, I have published a video about a new BlockchainGame on the Binance Smart Chain called Crusaders of Crypto. As I have wrote numerous times, BlockchainGaming is going to be the next leg-up fo this bull ma...

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19 hours ago 1 minute read 0 comments TheNewDarkTimes

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19 hours ago 1 minute read 0 comments trade60

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RugZombie is on a Jungle Cruise with the ApeSwap BUIDL Program!

5 Aug 2021 3 minute read 1 comment RugZombie Undertaker

Zombie Horde, our Undertakers are very literally going BANANAS to share that we have applied for the Apeswap BUIDL program and are currently cooking up our plans to move or LP over to Apeswap.    What is ApeSwap?    ApeSwap is a leading decentraliz...

Binance - UK users, workarounds and cheapest fiat on-ramp

4 Aug 2021 2 minute read 2 comments CryptoPlankton

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