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.


Popular Crypto URL Shortener LinksFly Is Shutting Down

13 Apr 2025 1 minute read 0 comments user167

LinksFly Is Shutting Down – What It Means for Crypto Earners ? Linksfly was one of the highest paying URL shortener service. Its average cpm was $5 for 1 page Ad and $7.5 for 3 page Ad. It offered payment through PayPal, Binance Coin USDT(BNB), GCash...

Binance Word of The Day | 11th April 2025

11 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 10th April 2025

10 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Binance Word of The Day | 9th April 2025

9 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Pakistan hires CZ for its crypto plans

9 Apr 2025 1 minute read 2 comments Yugocean

     Pakistan appoints Binance founder Changpeng Zhao (CZ) as an advisor to its Crypto Council. This is a significant step. Crypto in Pakistan      Pakistan aims to create a thriving crypto ecosystem that can foster economic growth and innovation, a...

Binance Got Time until April 30 in Nigeria

8 Apr 2025 1 minute read 1 comment Yugocean

Binance in Nigerian Court      A Nigerian court has adjourned an economic lawsuit filed by the Federal Inland Revenue Service (FIRS) against Binance until April 30, providing Binance with more time to respond. Personally, I don't believe Binance is e...

Binance Word of The Day | 8th April 2025

8 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

The Answer Was Right in Front of Me… Why Didn’t I See It Sooner?

7 Apr 2025 1 minute read 2 comments BreakdownFab

Ever had one of those moments where the solution was so obvious, but you completely missed it? Amidst the chaos, I was scrolling through crypto charts the afternoon, hunting for the next big opportunity—checking new tokens, hyped narratives, and obsc...

Binance Word of The Day | 7th April 2025

7 Apr 2025 1 minute read 0 comments Oivas

Word of the Day | Binance I don’t need to introduce Binance, so I’ll skip that part. However, it is worth talking about what Binance is doing. The largest crypto exchange in the world is ensuring that we don’t just have fun trading and doing business...

Hi guys! i want to share a few things i know about popular cryptocurrencies.Lets start with the first one:

7 Apr 2025 1 minute read 0 comments ByteKid14

1.Bitcoin (BTC) the first and most well-know cryptocurrency  created by an anonymous person atau grupp called Satoshi Nakamoto  used as a store of value, like digital gold. ITS supply is limited (21 milion coins), so it's rare and highly valuable....