Binance Coin (BNB)

5,817 Articles 79,058 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 NOT TO LOSE on Binance Futures...

29 Nov 2022 1 minute read 1 comment Horez7

For anyone who has tried or plans to try futures trading, I am PUBLISHING the following materials…    99% of traders who try to trade futures fail and of course lose money. (But no one will admit it) I went through this too until I worked out my stra...

Binance Proof Of Reserves Under Criticism / New Burn-To-Earn GameFi App / Crypto News

28 Nov 2022 1 minute read 0 comments busyjordy

CRYPTO CORNER EPISODE 559 Market Analysis, Updates, News & Reviews In today's episode I discuss the latest hot topics in crypto:►Binance Is Criticised Over Its Release Of Proof Of Reserves►Crypto Markets Take a Dive►FitBurn - A New App That Pays You...

Don't Leave Your Coins There - The Next CEX Which Could Collapse

28 Nov 2022 1 minute read 6 comments Cryptofab

Everyone is wondering what's next after FTX collapse. CZ published a proof-of-reserve but immediately after that Jesse Powell (Kraken CEO) claimed it is pointless, since it is not externally audited. CZ replied it will soon be audited, but what could...

RUN DAY BLOG STEPN #17

27 Nov 2022 1 minute read 0 comments damorf

Welcome to all of you crypto walkers and runners! Today i have run 20 min and 58 sec, at about 5.50 min / km, doing 3227 steps, covering 2.80 km. I used 4 energies. I received 30.36 GST as a reward. SOLANA PRICE TODAY 14.24$ GST PRICE TODAY 0.02210$...

Crypto Wealth, Remembrance and Thanksgiving with Biswap

27 Nov 2022 5 minute read 14 comments PVMihalache

Biswap is THE DEX that kept my crypto passion alive! You may know already that Biswap is not the standard crypto exchange, it's above and beyond the standard exchange! Biswap is decentralize, has direct peer-to-peer crypto trading, launchpools, NFT m...

Massive Gains This Weekend: Dogecoin Jumps 13%, Binance Coin Smashes $300

27 Nov 2022 3 minute read 2 comments Mysuperbart

Introduction   You might have heard that Dogecoin had a pretty good weekend. In fact, the cryptocurrency skyrocketed 13% from Friday to Sunday.   Binance Coin had an even better weekend, with the cryptocurrency breaking the $300 mark on Saturday morn...

Binance launches Nano XNO earn flexible

25 Nov 2022 1 minute read 0 comments Kyzerd

Finally you can earn interest in your Nano XNO coins at Binance 3,5% in flexible which means it's always available, only down turn binance charges withdraw fees 0.028xno as of last which is pretty high IMO, also there is a minimum deposit of 0.001XNO...

Biswap new Double Launchpool - Earn BSW and MATIC and Multiply your passive income!

25 Nov 2022 2 minute read 0 comments ShadowCrypto

Biswap new Double Launchpool - Earn BSW and MATIC and Multiply your passive income! Join Biswap Today:  https://biswap.org/?ref=4b4acf382949064f15bd DeFi protocols such as Biswap offer some advantages when compared to traditional financial services....

The one funniest thing from FTX bankruptcy court: THE CLIENTS ARE ALL FROM LONDON!!!! AH HA HA HA!!!!

25 Nov 2022 1 minute read 7 comments Dave Sawyer

Cryptonauts you know we love you!! so glad to hang together on the intercontinental Publish0x! We all know the UK's FCA has fought crypto at every step! Even chasing their OWN Lord Hammond out of the House of Lords! And out of the country to work on...

BTC Daily Technical Analysis: ETH Likely to cause a lot of damage to alts / My sentiment & strategy to survive the bear market

25 Nov 2022 2 minute read 0 comments FreedomBuilder

If we have to look for the liquidations on the BTC of the Longs at the bottom, but first a short squeeze to the north to liquidate the large leverages and especially to trap the SLs above the last top in the zone between 17K to 17.5Khttps://www.tradi...