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.


Uniswap Listing | Tixl becomes interoperable DeFi Ecosystem with Swap DEX

9 Sep 2020 2 minute read 0 comments Crypto_MD

A lot is happening. At the same time TXL is launched, it will become an ERC-20 token, there will be a token bridge and it gets listed on Uniswap. In addition to this new ERC-20 era, Tixl hereby signals the direction in which the team is headed. Uni...

BINANCE THE BEST( Season 1)

9 Sep 2020 1 minute read 0 comments Coincobra

Hello friends today I will tell you some of the advantages of Binance exchange. So guys to start the wide variety of cryptos and alticoins pairs at Binance has no equal, there are hundreds of crypts available for trading. In addition to the tradition...

Why I Am Buying AWC While Many Are Dropping Atomic Wallet

9 Sep 2020 2 minute read 23 comments Sapphire

The Recent Airdrop Removal Has Been Exaggerated  I know a lot of people are really disappointed by the decision of Atomic Wallet to remove the airdrop campaign that rewarded wallet users for onboarding new users to Atomic Wallet. I too was unhappy ab...

Price Analysis | BTC, ETH, BNB, BAT

9 Sep 2020 1 minute read 3 comments MadMaxx

  Hello and welcome to another article! In today's price analysis, I'll be looking at the price action for today on all the mentioned coins, as well as what can be expected of those coins tomorrow. Let's get started! BTC looks very, very nasty. I co...

BINANCE CELEBRATING 1st FUTURE ANNIVERSARY BY TRADING COMPETITION :- $1,600,000 USD IN BNB TO BE WON

8 Sep 2020 3 minute read 0 comments Dipendra

HELLO GUYS I AM HERE WITH A NEWS MAY BE MANY AWARE ABOUT THIS IF YOU ARE NOT THEN NOT TO WORRY THIS POST DEFINITELY FOR YOU LET'S START BINANCE is world top crypto exchange and you are aware about this binance going to celebrate its future trading's...

How to make a deposit at Binance exchange and then Trade ( Beginner's Guide )

8 Sep 2020 1 minute read 0 comments snars2020

  You can download the binance app at the playstore if you are using an android phone. You can follow the steps below on how to deposit from coins.ph account to your Binance account and then trade afterwards. Here's the link below.   https://www.yout...

Binance Jumps into DeFI with LaunchPool

7 Sep 2020 1 minute read 0 comments CryptoSpyder

Binance has been at the forefront of cryptocurrency exchange services since 2018, and today they just announced the release of Binance Launchpool. Looking to expand earning potential for their users, Binance is hoping that Lauchpool becomes an easy-t...

XLM USD BTC How durable

7 Sep 2020 1 minute read 2 comments @bniv0123

  dear readers. What about xlm's status?I want to explain with a joke that summarizes the current state of xlm. ......Once a man started swimming in the sea to get to a distant place for days, said I was tired when he was about to reach his destinat...

3 Interesting Crypto Celebrations this coming week!

7 Sep 2020 6 minute read 0 comments bengy

    Unsplash   This week, there appear to be a few nice little events that have relatively low bars for entry. Well, there is one that has a higher bar, but if you are already on the platform then it is a really low bar... and if you aren't then it...

Price analysis: BTC, ETH, BAT, BNB

7 Sep 2020 2 minute read 1 comment MadMaxx

Hello and welcome to another price analysis! I've been gone for a week for family stuff, and I'm (partly) back now! A lot has happened between the time I left and now. Obviously, the DeFi craze has slowed down a bit, and Bitcoin has paused its moon m...