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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.

Binance Vs Fantom Chain - Which One To Use?

25 Feb 2023 3 minute read 12 comments Cryptofab

As you may want to invest into DeFi (Decentralized Finance) without paying the high gas fees of Ethereum (ETH) blockchain, you might be interested in EVM (Ethereum Virtual Machine) compatible chains like Binance Smart Chain (also called BSC, BNB chai...


24 Feb 2023 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners!  TODAY NO COMMENT...COMMENT YOU THIS! Today, i have run 40 min and 14 sec, at about 4.42 min / km, doing 6218 steps, covering 4.75km. I used 5.2 energies. I received 63.14GST and one box level 1. SOL...

Knowing ENULS

24 Feb 2023 1 minute read 0 comments NULS

Obtain USDTN and participate in the ENULS DeFi Applications We announced our EVM- compatible layer2 network, ENULS, about 2 weeks ago, following the announcement of the first ENULS ecosystem Twitter Space. A few days after the mainnet activation, we...

“Like” Token price action Update And live AMA on Binance Live!

24 Feb 2023 1 minute read 0 comments Aventurine

Emergency Update to my trading post! Like token is pumping already +9% and I think the 0.011 level will be broken today and we go much higher!  Why? Only one is hosting AMA event today at Binance Live in about 1h I expect a lot of price action during...

FT crypto watch Feb 23

24 Feb 2023 3 minute read 5 comments Dave Sawyer

Cryptonauts, we LOVE you!! Thanks for being on the side of uncensorable distributed secure money of the people by the people & for the people!!  One of the few bright spots in the geopolitical landscape these days, good on ye Watch Army!! Changing th...

MAIN - The Best Social Blockchain Project on Binance Blockchain (BNB)

24 Feb 2023 3 minute read 2 comments HattyHats

I am a strong believer in Cryptocurrency and Blockchain technology. I believe that it will one day be a part of our everyday lives. It is already a part of some of our everyday lives. There are so many new projects and platforms popping up that it is...


23 Feb 2023 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners!   Today, i have run 28 min and 26 sec, at about 5.53 min / km, doing 4175 steps, covering 4.30km. I used 5 energies. I received 68.27GST and one box level 3. SOLANA PRICE TODAY 23.76$ GST PRICE TODAY...

Federal Trade Commission Officially Objects to Binance's Purchase of Voyager

23 Feb 2023 2 minute read 13 comments ZeroRequiem

Hey Peeps!     On February 21st, the U.S. Federal Trade Commission (FTC) filed an official objection into Bankruptcy Court proceedings against Voyager's purchase agreement with Binance. The FTC filed this objection as the purchase agreement, between...

Binance ties up with Columbia University to promote Web3 and blockchain education

23 Feb 2023 1 minute read 1 comment Yugocean

The "Universidad de los Andes" in Colombia and Binance-Colombia have teamed up to promote a number of educational initiatives focused on Web3 and blockchain. Universidad de los Andes is one of the most significant universities in Latin America and th...

LooksRare (LOOKS) Coin, NFT Marketplace

22 Feb 2023 2 minute read 2 comments CryptoHott

What is LooksRare (LOOKS)   LooksRare is the community-first NFT marketplace. Buy & Sell NFTs, Get Rewards. Traders, collectors, and creators get rewards from LooksRare for active participation. Part of being community-first means that LooksRare r...