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.


Coins under my Radar for September

18 Sep 2020 1 minute read 1 comment Tikyi Khant

Last night,I scanned through many coins listed on Binance for potential swing trading setups and there are 3 good trading setups from TA point of view and 1 coin from FA point of view. So,lets get started 1.Binance Coin (BNB) First of all,this coin h...

Uniswap get listed on Binance and added UNI to flexible savings

18 Sep 2020 1 minute read 0 comments OvermindSB

BREAKING NEWS!!   The price of 1 UNI exploded yesterday from $ 0,30 to $ 15,00 that´s a 50x increase. But decreased dramatically to $2,40. After the second day Uniswap is till pumping. It value is correlated to ETH. Definitely a coin in your Crypt...

A quick technical analysis article: BTC, BAT, BNB: Moon next?

18 Sep 2020 1 minute read 5 comments MadMaxx

Heya there! Did you miss the Uniswap airdrop for $1300 and are beating yourself up? Well don't! Justin sun is here to help! Claim 300 Tron points which would be listed on an exchange very very soon. Use the steps below: Step 1- Download the  TronLink...

Compare Binance Card and Crypto.com

17 Sep 2020 1 minute read 0 comments CivMaps

Compare Binance card and Crypto.com by cashback rewards. Today we´ll show you compare of two very popular crypto credit cards. Binance card just arrived to Europe, Crypto.com is available longer. Booth cards are operated by VISA, booth are free ( sub...

Binance P2P Trading Revolution In The Fiat/Crypto Conversions

17 Sep 2020 6 minute read 0 comments Curexmy.com

Binance world popular cryptocurrency exchange launched P2P trading since late 2019. Already different peer-to-peer trading such as Local Bitcoins, Remitano, etc. Currently, Binance is offering a unique form of P2P trading such as Zero fees and compet...

ada usd-usdt analysis x canal

17 Sep 2020 1 minute read 0 comments @bniv0123

    Hello friends. I wanted to analyze it by looking at ADA USDT from a different window and an interesting situation came up. analysis window x channels. While the first wing of X appears as a drop channel, we see the other wing as an upward channe...

Binance Yield Farming Experience

17 Sep 2020 1 minute read 0 comments Tikyi Khant

Hi Everyone, Lately,I have been testing out CEFI of Binance after testing DEFI of Tron. I have to say,things are starting to get interesting in this crypto sphere. To start with,many people thought Decentralised Exchanges are going to kill Centralis...

Cindicator Launches Automated Trading Tool

17 Sep 2020 1 minute read 2 comments LvlUpGuy

Fintech company Cindicator has launched a new automated trading tool named Stoic. The new platform available for Binance users with at least $1,000 in crypto assets harnesses a unique set of features to bring returns to investors. The mobile-first pl...

1200$ received from Uniswap with the launch of their new token UNI

17 Sep 2020 1 minute read 8 comments Heruvim78

Good news, my fellow adventurers!   If you have used Uniswap in the past - even if it was only for one small trade, for aany ERC20 tokens - you can now claim 410 UNI (the Uniswap governance token) and additional tokens if you have provided liquidity...

Crypto Card Battles: CDC Strikes Back

17 Sep 2020 1 minute read 0 comments scythenoz

It was just yesterday when Binance offers up to 7% cashback by holding its native token, BNB, as part of their Europe launch. As long as you hold BNB anywhere within your account, you will enjoy attractive cashback rates based on the average BNB hel...