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.


4 Most Important Crypto News You Should Know Today (19 Sep 2019)

3 days ago 4 minute read Brawnd0 $3.69 tipped

As we head into the last quarter of 2019, a year which has seen significant improvement in the fundamentals of the market, a lot continues to happen that has crypto enthusiasts hopeful for the prospects of a great bull run in 2020. We are halfway to...

What is Binance Coin? [A Comprehensive Guide to Understanding BNB]

1 week ago 6 minute read Mr.CryptoWiki $7.44 tipped

There are over 2500 cryptocurrencies for investors to choose from in this exhilarating world of crypto. However, over 95% of these coins are predicted by many experts in the industry to eventually fail. This is largely due to their intended use cases...

BNB / USDT technical analysis [BINANCE]

3 days ago 1 minute read MrBullishSail $2.24 tipped

BNB seen from the seasonality of 1D we can see how the price has formed a descending wedge where the RSI indicator begins to show bullish divergence, the price has started to rise once it reached the zone of weekly demand located at 20.4593, the...

My Eth/USD Success! Team Cryp2Owl Trading Ideas!

3 days ago 1 minute read Ken(Crypto Reporters) $0.18 tipped

  ETHEREUM/USDT BINANCE Correction and Impulse Scenario Wave 2 & 3 This is the first time I posted one of my friends Trading ideas about Ethereum and USDT on Binance Trade. Our prediction went success when we do our first target which is 0.618 $171....

Bitcoin Cash's CEO Released a New Exchange Platform to Compete with Coinbase and Binance

2 weeks ago 1 minute read Stahn C. Aileron $0.45 tipped

The Announcement Bitcoin.com, one of the most trusted cryptocurrency website has just announced a new project that will change the competition among crypto exchanges. Bitcoin Cash's Roger Ver has just confirmed recently the launch of their new exchan...

Is "LISK" Dying Cryptocurrency ?

1 week ago 3 minute read Cryptoram $0.18 tipped

                               WHAT IS LISK   Lisk is right now the 48th on coinmarketcap its a platform for decentralized applications to launch on top of so lisk is competing with projects like EOS and ethereum and neo and tron all of the all the b...

18/09/2019 Price Update: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litcoin, OX(ZRX), STEEM, Steem Base Dollars (SBD), Basic Attention Token, Bitshare, PVT (pivot coin), DAI, XRP, EOS

4 days ago 1 minute read Danoskie $0.09 tipped

  Hello,How is you day going?It's another edition of DAILY CRYPTOS PRICE UPDATE.Today: 18/09/2019For crypto's bears vs bulls, all the coins on my list have gone bullish except DAI which lost $0.01 between the time of my yesterday's post and this toda...

Aergo Joins Binance Info’s transparency initiative - Aergo x Binance

3 days ago 1 minute read aergoknights $0.35 tipped

We want to congratulate Aergo as they have officially joined Binance Info’s transparency initiative. By sharing project-related information such as news and progress reports on Binance Info, Aergo is contributing to keeping the community informed. B...

Binance U.S platform opens registration today

2 days ago 1 minute read CryptoArgha $0.03 tipped

Leading crypto currency exchange binance announced to launch its separate platform for its us clients As a part of the promise binance opened the registeration for its U.S platform today (19 September) But it didn't become a good news for all as bina...

Binance gets U.S patient for binance stable coin

3 days ago 1 minute read CryptoArgha $0.14 tipped

Binance recently launched their own stable coin Busd by partnerinh with another fiat backed stable currency name paxos Binance submitted a request for a payment patient to operate in the united states of America BUSD is backed by multiple stable cryp...