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 Word of The Day | 28th March 2025

28 Mar 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 | 27th March 2025

27 Mar 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...

The AI Utility Bounce (And How To Trade It, Maybe)

26 Mar 2025 3 minute read 0 comments Sebastian Purcell, PhD

Some time ago, we noted that the only sector gaining among alt-coins was the AI utility sector. We also noted that the action was located on the $BNB chain. That sector is still doing well, and $BNB is still bouncing, but the AI coins bouncing most ....

Ethereum is the Ethereum killer.

26 Mar 2025 3 minute read 2 comments Dzoelx

Solana has steered its way to the very elite ranks, a feat once pulled by Chainlink and Binance’s platform and cross-chain token – BNB. Oh, wait, Sonic and Base are also moving in the same direction. Two things are common with four of these projects...

Binance Word of The Day | 26th March 2025

26 Mar 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 will take legal action against employee for Insider trading

25 Mar 2025 1 minute read 1 comment Yugocean

Insider Trading at Binance      Freddy Ng, a Binance Wallet Business Development (BD) employee, has been suspended following claims of insider trading with UUU tokens on the Binance Smart Chain. Binance has chosen to pursue legal action against Fredd...

Binance Word of The Day | 25th March 2025

25 Mar 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...

In The World Of Crypto - 24 MAR 2025

24 Mar 2025 2 minute read 0 comments Myxoplixx

Greetings crypto-fam let's dive in. First up, the breaking news that’s got everyone buzzing, Binance just scored a massive $2B investment from MGX, an Emirati state-owned fund tied to heavyweights like BlackRock and Microsoft. This deal, fully paid...

Binance Word of The Day | 24th March 2025

24 Mar 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...

In The World Of Crypto - 23 MAR 2025

23 Mar 2025 2 minute read 1 comment Myxoplixx

Greetings crypto-fam, let's dive in. First up, the big breaking news that’s got everyone talking, the U.S. Securities and Exchange Commission just held a crypto task force roundtable on Friday, and word on the street is it’s tied to President Trump’...