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.


28 minutes ago 1 minute read 1 comment Venkatz

      The Hot Topic of the Week is Kucoin Exchange Hack On September 26, 2020 Kucoin Exchange CEO Johnny Lyu updated about the Hack Nearly 150$ Million worth Crypto Assets are stolen from the Exchange Kucoin Assured to the Users Funds will be c...

Binance Chain

26 Sep 2020 1 minute read 2 comments Cryptonimus

I don't know if you know that Binance has its own blockchain. So they are creating many projects as uniswap in that blockchain, some coins are already worth 50$. New DeFi opportunities in Binance Chain The best thing about it is that the fees, commi...

Flamingo ( FLM ) Farming Starts In 10 Hours On Binance Launchpool LeoFinance

26 Sep 2020 1 minute read 1 comment Zemiatin

I made a post a few days ago about the new Binance Launchpool and how awesome it is that if you own some BNB or BUSD you can stake them and earn new coins that will get listed on Binance with 0 risk. One of those coins is Flamingo and the farming per...

Binance Launchpool: Flamingo (FLM) for BNB holders

26 Sep 2020 1 minute read 19 comments PVMihalache

After the success of Bella Protocol and Wing Finances, Binance announced the 3rd project to be launched on the Binance Launchpool platform. Now Binance Coin and Binance USD holders can farm an interoperable, full-stack decentralized finance protocol...

Binance Has Blacklisted In Russia

26 Sep 2020 1 minute read 1 comment CrispBlogs

As always, things aren’t going well with Russia and cryptocurrency.                           Russian censorship agency Roskomnadzor, added Binance, world’s largest cryptocurrency exchange into the blacklist. It was revealed by Binance on its offici...

Rewards at Binance Launchpad

25 Sep 2020 1 minute read 2 comments geocrypto

Know that you are not using for trading you are wasting time. These assets could be being employed at Binance Lauchpool, an initiative designed to bring the experience of decentralized finance (DeFi) to Binance users. By lending your BNB, BUSD or Ont...

What's still happening with ETC????

25 Sep 2020 1 minute read 1 comment alquimista1501

This token is leading the way, not because it is profitable, but because it shows that a low Hash is too vulnerable and dangerous. This file, the product of a fork, has been giving a lot to think about in recent months, and since 2019 it has already...

Decentraland and party - what did you miss if you didn't attend?

25 Sep 2020 2 minute read 0 comments Crypto Eric

I used to party hardy in Second Life. One of the ways you could earn Linden Dollars was by going to a dance party and dancing for a while; call it a Linden Dollar faucet. (My L$ are still there, safe and sound.) So when I heard that, in or...

Flamingo ( FLM ) Farming Starts In 36 Hours On Binance

25 Sep 2020 1 minute read 0 comments Zemiatin

Binance Launchpool is a new feature where users can stake different coins in order to Farm new ones that will get listed on the exchange. Until now, two coins have been included in Binance Launchpool : Wing and Bella. All users had to do is stake BNB...

Injective Protocol: the tool for unbreakable DEXs

25 Sep 2020 3 minute read 4 comments PVMihalache

What is the Injective Protocol? The Injective Protocol is the name of the Binance Labs backed project which aims to create fast, secure and fully decentralized trading. The project will implement the first front-running resistant, layer-2 exchange pr...