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.


Still Trading BTC on a CEX? Here’s What You’re Missing

37 minutes ago 4 minute read 0 comments NuDEX

Are you still trading Bitcoin on a centralized exchange? It might feel safe. It might feel fast. But you could be missing out on a game-changer. Decentralized exchanges are growing up. They now offer more freedom and better control. One name leading...

Binance Word of The Day | 20th June 2025

10 hours ago 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 19th June 2025

19 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 18th June 2025

18 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

How Coordinated Manipulation And Incentive Loopholes Crashed A Token In 30 Minutes

18 Jun 2025 2 minute read 0 comments Myxoplixx

The ZKJ token, associated with the Polyhedra Network, experienced a dramatic collapse on June 15, 2025, plunging over 80% in value in less than an hour. This sudden crash was triggered by a coordinated effort among several large wallets, which collec...

The Crypto Rebellion You Haven’t Heard About (Yet)

17 Jun 2025 3 minute read 2 comments alberdioni8406

What about being part of the biggest awakening on crypto history? Not just another pump, but a true conscious movement that exposes the hidden tactics in centralized exchanges. A movement combating manipulation of Bitcoin Cash, and bringing closer mo...

Congrats, You Have Been Airdropped Another 47 Cents!

17 Jun 2025 2 minute read 5 comments Cryptonator`s

Remember when airdrops made you feel like a chosen one? Like you’d stumbled into some early-stage alpha reserved for insiders and gigabrains? Yeah. Those days are over. Now it is like this: You log in, see a notification from Binance, your heart skip...

Binance Word of The Day | 17th June 2025

17 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 16th June 2025

16 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 15th June 2025

15 Jun 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...