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 Enters Decentralized AI with DeAI Platform Launch

23 Mar 2025 3 minute read 1 comment KMatt

Binance, the world's leading blockchain and cryptocurrency firm, has taken a step to be on the forefront where such innovative technologies intersect by introducing its innovative decentralized artificial intelligence (AI) platform, DeAI. The action...

In The World Of Crypto - 21 MAR 2025

22 Mar 2025 2 minute read 0 comments Myxoplixx

Greetings crypto-fam, let's dive in. First up, the big breaking news rocking the crypto sphere today is the U.S. Treasury’s move to drop Tornado Cash from its sanctions list. Yep, you heard that right, the crypto mixer that’s been a hot potato for r...

Binance Word of The Day | 22nd March 2025

22 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 | 21st March 2025

21 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 launches Vote to Delist

21 Mar 2025 1 minute read 1 comment Yugocean

Vote to Delist      Binance has launched the first batch of votes for potential delistings, starting from March 21, 2025. For the first time, eligible users (who hold at least 0.01 BNB in their account) can vote to delist projects with monitoring tag...

Nillion ($NIL) Just Landed on Binance And Here Is Why You Need to Pay Attention

21 Mar 2025 3 minute read 10 comments Cryptonator`s

Occasionally, a project drops that is not just another overhyped meme token with a fancy roadmap and a cult following on Crypto Twitter. Sometimes, a project actually matters. And Nillion? This one is the real deal. We are talking about a fundamental...

The NILLION Project on Binance LaunchPool

20 Mar 2025 4 minute read 0 comments Feax21

Introduction It was a cold Monday evening in the end of November 2021 when I was passing the entrance of the Old Divinity School of St. John's College in the University city of Cambridge, UK to attend a last minute mysterious event organised by the...

Why I’m Staking in Binance’s Nillion Launchpool (And How You Can Earn $100 While Joining)

20 Mar 2025 1 minute read 0 comments BreakdownFab

I don’t participate in every Binance Launchpool, but Nillion (NIL) stands out—not just as a quick way to farm tokens but because of its unique approach to privacy-focused computation. If you’re into blockchain infrastructure and decentralized securit...

Binance Word of The Day | 20th March 2025

20 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...

Chainlink underwent a quarterly token unlock

19 Mar 2025 1 minute read 1 comment Keith Thuerk

Chainlink underwent a quarterly token unlock   Quarterly Chainlink Token Unlocking The Blockchain oracle service known as LINK unlocked of 19 million or new tokens which at the time were worth $262 million. This is part of standard three month releas...