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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.

Bye, Binance Earn...

10 Mar 2023 2 minute read 4 comments bengy

  Ah... poop... I had a bit of stuff on the Binance Earn products... mostly it was the stuff that was just a bit of a pain in the arse to do on-chain. Mostly lots of obscure stuff that I wasn't keen to have some dodgy and unknown wallet interface on...

Polygon Network now supported on Binance NFT Marketplace

10 Mar 2023 1 minute read 2 comments Yotingo

Good news folks! Binance NFT Marketplace has leveled up! It now supports Polygon Network, giving users access to a wider variety of NFTs across multiple blockchains. You can buy, deposit, withdraw, and list selected ERC-721 NFT collections on the Pol...

"SHIBA INU as a reserve in Binance."

9 Mar 2023 1 minute read 2 comments @Yari

Binance is one of the largest cryptocurrency exchanges in the world and strives to maintain high security standards to protect its users' assets. To do this, Binance maintains a number of reserves that ensure the safety of its clients. One of the mai...

Binance launches Range Bound, a new earn product

9 Mar 2023 1 minute read 12 comments Yugocean

Binance has launched a new product called "Range Bound." This product rewards users for staying within a reference price range of a digital asset over a selected period. Attraction of Range Bound The APR is linked with the subscription amount to mak...

The Binance and Voyager Deal is Officially Approved

9 Mar 2023 1 minute read 10 comments ZeroRequiem

Hey Peeps!     On March 7th, Judge Michael Wiles of the U.S. Bankruptcy Court for the Southern District of New York officially approved the purchase agreement between Binance.US and Voyager for $1.02 billion.    This important court decision came a...

It's Time To React Against US Establishment

8 Mar 2023 1 minute read 6 comments Cryptofab

Crypto market immediately dumped after Jerome Powell's yesterday speech, where he warned against inflation... Well, nothing new under the sun. Last week the market also suffered due to Gary Gensler's multiple attempts to regulate everything, includin...

Is Binance US Win To Acquire Voyager Digital's Assets A Win In Cryptocurrency and DeFi

8 Mar 2023 1 minute read 0 comments stbrians

It is all in the news and I think Binance US is in the celebration mood.  The court awarded them the Rights to acquire Voyager Digital's Assets in the Southern District of New York Court.  While passing my congratulatory note to Binance which is the...

Second Half of February 2023 / ENULS Ecosystem DApps are being Integrated

8 Mar 2023 3 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Launched ENULS main net, and optimized it according to the latest community feedback and main net performance. ENULS tec...

Binance stops its Earn products for UK customers - including me...

7 Mar 2023 2 minute read 13 comments Technically Product

Sad times for Binance's UK customers: they can no longer take out new subscriptions for Binance Earn products including Simple Earn (both locked and flexible staking), DeFi Staking, ETH 2.0 Staking, BNB Vault, and Liquidity Farming. Unfortunately I'm...


7 Mar 2023 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners!   Today, i have run 31 min 22 sec , at about 5.52min / km, doing 4841 steps, covering 4.68km. I used 5.4energies. I received 69.53 GST and one box level 3. SOLANA PRICE TODAY 20.08$ GST PRICE TODAY 0...