Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto
Neosify - Buy, Stake & Earn Crypto

Binance Coin (BNB)

6,172 Articles 80,557 Followers

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.

How To Utilize Binance For maximum Benefit!

5 Mar 2023 2 minute read 0 comments Aventurine

HOW TO UTILIZE BINANCE FOR MAXIMUM BENEFIT!   Binance is by far the Biggest Crypto exchange out there, and at the same time the most overwhelming one when it comes to the website, app, features, but also, it is the house with an array of opportunitie...

Binance Considers Pulling Out of Voyager Deal

5 Mar 2023 3 minute read 29 comments ZeroRequiem

Hey Peeps!     On March 3rd, Binance CEO Changpeng "CZ" Zhao published a tweet that eludes to Binance potentially pulling out of the hotly-contested Voyager deal for $1.02 billion.  The Binance/Voyager deal has been under scrutiny since it was accep...


4 Mar 2023 1 minute read 2 comments damorf

Welcome to all of you crypto walkers and runners!   Today, i have run 32 min 16 sec , at about 5.34min / km, doing ???? steps, covering 5.04km. I used 6.2energies. I received 82.61 GST and one box level 1. SOLANA PRICE TODAY 20.85$ GST PRICE TODAY 0...

BTC Daily & Weekly Technical Analysis: Some Bearish & Bullish Signals / Let's Analyze the Pros VS Cons to see the weight!

4 Mar 2023 1 minute read 0 comments FreedomBuilder

Some bearish signals on BTC in 3D:- Bearish divergence on the RSI and the MACD.- The sellers start to come back after the MACD turns red, to see the close in 7 hours. The BTC is bullish in 3D since it is above the Ichimuku cloud and the 50 MM. https:...

Is Bitcoin Better Than Gold?

4 Mar 2023 4 minute read 1 comment Weslysosnyder

Is Bitcoin Better Than Gold?   Bitcoin and gold have always been thought of as the two best containers of value. While there are a lot of arguments for and against both Bitcoin and gold and both are viewed as desirable assets the consensus has not b...


3 Mar 2023 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners!   Today, i have run 43 min 52 SEC , at about 6.05min / km, doing 6735 steps, covering 6.29km. I used 6.2energies. I received 81.59 GST and one box level 3. SOLANA PRICE TODAY 21.29$ GST PRICE TODAY 0...

How To Find Pumping Coins In A Bear Market

3 Mar 2023 2 minute read 2 comments Cryptofab

You have all noticed that today crypto market is bearish. One of the reasons is due to the situation of Silvergate. By the way, it could be useful to look at the links they have with USDC and USDT... Just imagine these links are tight, it might creat...

The 2 Bull & Bear Scenarios / The 3rd Consolidation Scenario / Why the Crypto Market is Down and What's Next?

3 Mar 2023 2 minute read 0 comments FreedomBuilder

On the BTC the price is breaking down the bullish channel and the 50 MM Daily with bearish divergence on the RSI and the MACD, to see the close! The Silvergate bank is in a vertical fall (The picture at the bottom), and not only that:- FED rates are...


3 Mar 2023 6 minute read 0 comments My life My rules

And so! If I want to make money in the cryptocurrency market with little capital, I have to be smarter than 95% of the participants. To get into the top 5%, it's enough to buy an asset at a price that 95% of 100% didn't buy it at. I will have to swea...

Crypto Bank Silvergate Collapses

3 Mar 2023 1 minute read 3 comments Yugocean

The value of Silvergate stock has reached an all-time low; this is a big blow to such industries in the crypto world, which are struggling with the fall of FTX and trying to gain its hold back. What is Silvergate? In the world of cryptocurrencies,...