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.


Crypto in Your Hand: Binance Card

26 Mar 2020 2 minute read 1 comment insidetrader

‘’The mass adoption of the blockchain technology’’ is the main problem between most of the world’s population and cryptocurrencies. There are lots of ways to reach the main goal of Satoshi Nakamoto but we can’t catch the end of the transition from ca...

How I Performed a Wedding Ceremony In the Middle of A Pandemic

26 Mar 2020 6 minute read 0 comments bettercallpaul

How I Performed a Wedding Ceremony During A Pandemic by W. Paul Alexander The Better Call Paul Blog [March 24, 2020   |   Jacksonville, Florida]  UPDATED:  03/26/2020 Running Commentary/Opinion Piece  Starting 03/24/2020 Ending Most Recent Update:  0...

One Stop Cryptocurrency News Cast For Today ?

26 Mar 2020 3 minute read 0 comments One Stop

📮 26-03-2020 📈MarketCap:                  $184  B 📊24h Mcap %:                  -0.24% ⚠️Bitcoin Dom:                 65.90% 📌Active Coins:                2,912 📍24h Vol %:                    -26.94% 💲24h Vol:                    $109  B   Trade On Th...

The Blockchain Dictionary - 35 Terms You Should Know Before Buying Your First Crypto

26 Mar 2020 7 minute read 0 comments bettercallpaul

Don't Buy a Single Token Until You Read and Understand Each Definition Brought to you by                               This post aims to define some basic crypto/blockchain terms for those new to the wonderful world of Magic Internet Money!  We w...

Binance and BNB: TOP Things You Should Know - Publish0x Emails

26 Mar 2020 2 minute read 14 comments igort

Disclaimer: This post is a reproduction of an email we've sent to the Publish0x email list on March 2nd, 2020. It contains links to some of the best posts our authors have written in and around Binance and $BNB. These posts explain what Binance and B...

What's the state of your portfolio!

26 Mar 2020 2 minute read 1 comment alberdioni8406

Cryptocurrency is the fever of new finances right now and Hodl them it's a investment also a store of value for the ones who believe in the decentralized world! Of course many of the enthusiasts have BTC on their portfolio as the most important and v...

One Stop Cryptocurrency News Cast For Today ?

25 Mar 2020 4 minute read 0 comments One Stop

📮 25-03-2020 📈MarketCap:                  $184  B 📊24h Mcap %:                  0.18% ⚠️Bitcoin Dom:                 65.90% 📌Active Coins:                2,907 📍24h Vol %:                    -8.94% 💲24h Vol:                    $139  B   Trade On Thes...

Binance Charity Foundation Starts a Global Charity Campaign “Crypto Against COVID” to Combat Pandemic

25 Mar 2020 1 minute read 1 comment Tokenhell.com

Crypto Against COVID Initially, Binance Charity Foundation is launching this new initiative with a donation of $1 million but aims to raise $5 million in cryptocurrencies from the crypto and blockchain community. The COVID-19 pandemic is continuously...

Binance widget - trade Bitcoin, Ethereum, XRP, and Litecoin with the Brave browser

25 Mar 2020 1 minute read 0 comments Jumble

A new Binance widget for the Brave browser lets you trade Bitcoin, Ethereum, XRP, and Litecoin. It will be a tab page widget that is built into the Brave browser. It will be enabled by default. At this time, a test and development desktop version is...

Hodling Vs trading: Which is more profitable?

25 Mar 2020 2 minute read 4 comments MadMaxx

In a bid to prove my friends wrong, I came to a very, very great realisation of which method is best to get "crypto rich". There are basically two things you can do with crypto: You can either buy and hodl, or buy and trade.(Don't say stake, because...