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.


Publish0x Community Interactive Post: How to spend 10 BUSD?

1 hour ago 1 minute read 5 comments PVMihalache

Good morning friends and foes! I have 10.04  Binance USD from the cashback campaign which just finished on Binance and I have no clue in what to invest them. I need your help to decide so please comment give me your opinion why I should chose a certa...

The Flippening

9 hours ago 4 minute read 0 comments CPix

In 2017 there was a lot of hype around an event known as “The Flippening”. All this event referred to at the time was whether Ethereum’s Market Cap (Ether Price * Circulating Supply) would become larger than Bitcoin’s Market Cap (Bitcoin Price * Circ...

Equilibrium’s Price Feed Contract Is Added To The Multisig

21 hours ago 1 minute read 0 comments EquilibriumEOSDT

From an earlier article, you may recall that we updated you on our multisignature mechanism (multisig) and the major industry players that have joined our governance system to participate in this process. As we told you at the time, multisig is a key...

Binance P2P | Buy Crypto Directly From Your Bank | Peer-2-Peer Transfer

6 Jul 2020 1 minute read 0 comments ultron91x

Where crypto regulation is still a grey area in many countries, many exchanges have come up with the new model of exchanging cryptos with fiat currency, and that process is knows as "Peer-2-Peer" exchange or "Peer-2-Peer" trading. Even P2P trading is...

The Top Crypto Exchanges with the Best Margin Trading Features

6 Jul 2020 4 minute read 5 comments Crypto Adventure

Margin Trading is one of the newer ways to make money in the cryptosphere. The concept involves borrowing extra funds by leveraging your crypto trading positions. Simply put, it’s trading with a loan. Brokers and individuals provide the loan based on...

Binance | A quick review for beginners

5 Jul 2020 1 minute read 0 comments NassiroV

Binance is a cryptocurrency exchange that provides a platform for trading various cryptocurrencies. See video for details: Do not forget to subscribe to CryptoPlanet360 on Youtube to get the latest videos about Crypto projects and BlockchainSubscrib...

Top 5 Crypto Staking Exchanges

5 Jul 2020 2 minute read 4 comments Crypto Resources

1 ) Kraken Kraken has both on-chain staking and off-chain staking. The on-chain staking is provided to some Proof of Stake protocol cryptocurrencies and with staking on Kraken you first need to be a verified as starter level which is the (minimum) l...

Binance will give out # BinanceTurns3 collectible tokens in honor of the company's three-year anniversary

5 Jul 2020 1 minute read 0 comments Kluma

Cryptocurrency exchange Binance has announced the distribution of # BinanceTurns3 collectible tokens, issued in honor of the platform’s third birthday. This was reported in the official blog of the exchange. # BinanceTurns3 - non-fungible tokens (NFT...

BNB Vs BAT: Who can run the most?

5 Jul 2020 1 minute read 0 comments MadMaxx

These are two cryptocurrencies that have been generally looked down by the public. BAT has a lot of potential but some poor choices from Brave keep it under, such as choosing to add Binance ref links into their widget. And BNB has a lot of potential...

Binance savings review.

4 Jul 2020 1 minute read 2 comments MadMaxx

Hello, and welcome to another post. In this article, I'll be going over what Binance savings is, and why I use it so much. If you read my post yesterday, I talked extensively about how much I use Binance savings to get passive income on my crypto. We...