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.

Solana (SOL) Giveaway - Solana In partnership with FTX, to celebrate Solana's listing

27 Jul 2020 1 minute read 0 comments FreedomBuilder

  📈 SOL is already listed on Binance. 🎁 Total Reward Pool: 10,000 SOL ≈ $20,000 for the random drawing. 👍 Create an account at FTX Exchange. 👉 Visit the SOLANA Airdrop Form. 💎 Airdrop Rules:📌 Start the form & Complete a few social media tasks,📌 Creat...

Mission $RUNE - hey, you'd be Thor too... inspired (and thwarted) by Atomic Wallet Coin

27 Jul 2020 3 minute read 8 comments Dave Sawyer

Hey cyberpunks we adore you!   Atomic Wallet Coin opened my eyes to altcoin growth.  OK, bitcoin went up ~10%, but meh.  Igor and the Atomic team gave us AWC as a contest prize on June 30th, when AWC was hanging around 67 cents.  As of today, the won...

Binance Now Shipping Its Debit Cards

27 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Binance has begun shipping its crypto debit cards in limited quantities, according to a tweet from Binance CEO Changpeng Zhao posted on July 25. First announced in April 2020, Zhao revealed on July 10 that the Swipe-powered debit card was undergoing...

From despair to gratefulness - how to loose and get back 10.000 $ hacked in crypto

27 Jul 2020 1 minute read 3 comments VNFC

hello everyone this is my second article related to hackers and the bad guys from crypto, but this time is with happy ending: few days ago, Harry from succeeded to refund the 10.000 $ stolen from a Binance user by some ciber criminals....

Monetha - Breaks Long-Term Downtrend - Trade Idea

26 Jul 2020 1 minute read 0 comments Sapphire

2017 ICO Survivor Monetha launched a very successful ICO back in 2017 and managed to raise $36 million. Today, Monetha is still with us but the price has been absolutely decimated. With an all time high of $0.64, the current price of $0.01 appears to...

How to use Syscoin masternodes to increase your own stash

26 Jul 2020 2 minute read 4 comments Heruvim78

As I was talking about Syscoin, taking the world by storm, and getting pumped after their collaboration with Binance (short story, Binance use Syscoin bridge technology to make their own stable coin BUSD available, cheaper and faster than their ETH b...

I analysed BAT, LRC and BNB: Let's see why I feel they'll pump.

26 Jul 2020 1 minute read 4 comments MadMaxx

Hello, and welcome to another article. In this article, I'll be going over my "review" of BAT, BNB and LRC to see why I feel they can pump to the skies and beyond. As BTC and ETH have just broken the bear market jinx, and destroyed their monthly resi...

ETH has pumped to $300. BNB is next.

25 Jul 2020 1 minute read 1 comment MadMaxx

I tend to enjoy trading one coin based off of the performance of another one. The great Ethereum decoupling has finally occured, and ETH is leading BTC in price right now. As I said in one of my previous articles, this is extremely bullish for ETH, a...

Binance Finally Lists MKR and DAI

25 Jul 2020 1 minute read 1 comment Zemiatin

Over the last period, with the huge growth of DeFi, Binance has received a lot of request for the listings of MKR and DAI. Just 2 days account, Binance has finally made the announcement that they will list the two tokens, creating trading pairs for...

When Will All This Sufferings End for XRP Army?

25 Jul 2020 1 minute read 1 comment Tikyi Khant

Almost every coin(especially lowcaps) is pumping 2-10x crazy in today market with bullish fundamentals  such as Paypal and US banks coming .But why is XRP not following the Bullish market yet?Is it because of Massive  XRP sell off from the Team and R...