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.


Tradingview for Uniswap

11 Aug 2020 1 minute read 8 comments bitcoindelight

I already published two sites that I find really useful when it comes to swapping ERC-20 tokens on Uniswap. After I published my post yesterday, someone contacted me on Twitter and shared another very useful site with me. He doesn't want his name pub...

Binance Futures Navigation Guide and Review

11 Aug 2020 5 minute read 3 comments 🔶Binance Live News🔶

Beginner's Guide to the Binance Futures and Review. 🔶Binance Futures Binance Futures is the fastest-growing crypto-derivative exchange by trading volume. To date, proven matching engine is unparalleled; have the most stable and fastest matching engin...

Binance, FTX and Poloniex Exchange have been Hotspot listing DeFi tokens.

10 Aug 2020 1 minute read 0 comments alberdioni8406

Interesting to see that centralised exchanges (CEX) have been increasing listing of DeFi (decentralized finances) tokens, with Binance, FTX and Poloniex crypto exchanges leading the run to list and boost this tokens prices on market. Binance exchange...

BNB, LRC and BAT: Which should have the majority of your portfolio?

10 Aug 2020 1 minute read 2 comments MadMaxx

Hello, and welcome to another article. In this article, I'll be comparing LRC, BAT and BNB to each other to see which one has a higher probability of running in this mini alt season thing we have going on. So let's get started. BAT: What does it have...

Watch this site before trading on Uniswap!

10 Aug 2020 1 minute read 5 comments bitcoindelight

I recently mentioned that I was swapping a few different ERC-20 tokens on Uniswap. If you have been on Uniswap there is not much information about the trading pair you try to swap.  I was somehow lucky to find a site that reveals a bit more informati...

12k USD per BTC Again!

10 Aug 2020 1 minute read 0 comments kingscrown

WOOT, we are here. Go for BTC on Binance of course if you have crypto if not Okex is the spot to buy From the top10 but i suggest to check - buy bitcoin no KYC or documents check   REAL WAYS TO MAKE PASSIVE INCOME FROM CRYPTOCURRENCY - DOWNLOAD FREE...

A Commented Beginner’s Guide For Cryptocurrency Swing Trading

9 Aug 2020 6 minute read 2 comments Rubikkav

A few days ago Binance on it’s blog wrote a guide for beginners on the Swing trade trade modality and we have replicated it and brought it here to make our personal comment. Really, many who are new, fall into some traps that prevent them from evolvi...

ChangeNow Support Saves the Day

9 Aug 2020 2 minute read 0 comments ExponentialOne

I'm going to be honest right from the start....I made a very stupid mistake on what should have been a straightforward exchange. I had a small amount of BNB that I was looking to swap in a few different exchanges to a few different coins and tokens. ...

What's fun in crypto these days?

7 Aug 2020 1 minute read 0 comments MDG

Spotlight: on Binance Binance is a cryptocurrency exchange that facilitates the trading of various cryptocurrencies. Founded in China by developer Changeng Zhao, and now headquartered in crypto-friendly Malta, the exchange is ranked by CoinMarketCap...

The Sandbox to Launch IEO on Binance

7 Aug 2020 1 minute read 1 comment egamersio

The Community-driven blockchain gaming platform The Sandbox to launch IEO on Binance, featuring a $3M token sale on August 13, 2020. The Sand Token Deployed on the Ethereum blockchain, Sand is an ERC-20 token that serves as the in-game currency of th...