Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

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.


BUSD

1 hour ago 1 minute read 0 comments Akterron

Binance USD or rather BUSD is a stable price cryptocurrency, which is called a stablecoin. Created through the collaboration between the Paxos company and the Binance platform in 2019 which is the largest cryptocurrency exchange platform by trading v...

Can BNB still be an investment opportunity? Is BNB undervalued?

2 hours ago 2 minute read 0 comments Bala

Today I read a few articles about BNB being so undervalued and the opportunities that it has been giving us. The first and foremost reason why I like BNB is that the fees not insane and are okay to some extent. Thought I would still prefer a blockcha...

Crypto Launchpads

3 hours ago 4 minute read 1 comment RelyOnCrypto

The next big trend in crypto right now after Defi and NFTs are Launchpads. ICOs, Initial Coin Offerings, was viewed as a viable alternative to IPOs, Initial Public Offerings, but unfortunately, they failed miserably. One of the major challenges this...

MOBOX: This NFT Game is All Set to Explode!!

4 hours ago 5 minute read 4 comments SamBTC

Last week I came across a new NFT based game platform that really caught my attention. Now before you say that there are 100 new NFT projects popping up every day let me clarify that I personally am very cautious of the NFT mania that has gripped the...

Binance Card level adjustment 💳

4 hours ago 1 minute read 0 comments Lucasgaio

Binance card is a card issued by the well-known cryptocurrency exchange Binance. This card allows you to spend your cryptocurrencies directly from your exchange account. Also, more interestingly, every time you make a transaction you receive a cashn...

🐯 Excited that $CUB will be Listed on DefiStation ! Is $BNB undervalued?

5 hours ago 1 minute read 0 comments Crypto_Lemon

Following a tweet from @leofinance twitter claiming that BNB was undervalued. I decided to look at different metrics from the Binance Smart Chain. First of all I compared the Market Cap of ETH and BNB. To keep it simple, ETH = 3x Binance Coin Then...

Global Tech Giants Already Noticed The Telos Network & PancakeSwap Listing Today!

5 hours ago 4 minute read 0 comments fycee

People are slowly noticing how powerful this blockchain is and we are all pleased with this statement shared by a significant individual in the blockchain industry. Blockchain partnership vs blockchain competition Here in Telos Network, we have this...

Stablecoin vaults on Binance Smart Chain – a quick understand of Nerve Finance

7 hours ago 1 minute read 0 comments treforest

The stablecoin plays an important role on today’s crypto trading. Without stablecoins, it would be very hard to know the current value of altcoins as the price of altcoins normally fluctuates dramatically. Nowadays plenty of dapps support swap of sta...

Increasing my LEO and CUB stake - DeFi With low balance.

7 hours ago 1 minute read 2 comments Ykretz

Today I made a decision. After reading a post about CUB DeFi on read.cash, even if the author is saying she had lost few dollars, I still decided to withdraw my BNB-bLEO. The reason is simple : I placed 11bLEO+BNB on the farm and that was at firs...

BTC, ETH, XRP, BNB, EOS, BAT – Technical Analysis For April 21

8 hours ago 2 minute read 1 comment pheonixdown-dee

Bitcoin (BTC) is following a descending resistance line. Both Ethereum (ETH)/BTC and XRP (XRP)/BTC have reclaimed horizontal resistance levels. Binance Coin (BNB) is attempting to break out from the $611 resistance area. EOS (EOS) has broken out...