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.


1367% Up in 1 YEAR ($HYDRO)

7 Apr 2019 1 minute read MrCryptoPatrick $4.58 tipped

Today marks a special day for $HYDRO as it finally has enough data to produce an annual percentage increase. To begin, HYDRO is the native token of the open sourced project, Project Hydro, and is used for utility purposes such as P2P, onboarding new...

My Small Portfolio of Just 4 Crypto For Long Term Hold #showmyportfolio

7 Jul 2019 1 minute read Adamic0 $4.43 tipped

Let’s get one thing straight - Bitcoin really is king and there is no denying that. Until Ethereum or Ripple catch up with the amount of daily trading volume and close in on Bitcoins market cap - Bitcoin will remain king! However, as this entire indu...

The Ultimate Crypto Exchange Review: Binance v KuCoin v Cryptopia v Coinbase v DeltaExchange

8 Jan 2019 1 minute read Crypto Quantamental $3.84 tipped

What makes a good crypto exchange? I rated Binance, KuCoin, Cryptopia, Coinbase, and DeltaExchange across 6 key categories.  Binance https://www.binance.com/en?ref=20007972  Delta.Exchange  https://www.delta.exchange/referral-home-page/?code=FHEHUQ ...

Binance: A Genius' Passion

12 Jul 2019 15 minute read TwiceCrypto $3.36 tipped

It was the year 2017. Everyone was trading on Bittrex and it was considered to be a sanctuary for altcoins. Bittrex was the clear choice of being the heir to succeed the long-forgotten Poloniex where every aspect of the trading platform was better th...

Binance Users' Selfies Leak

1 week ago 1 minute read Ed-california $3.10 tipped

Binance has announced that it will begin investigating a Know Your Customer (KYC) leak after rumours started spreading that users’ selfies, used for account verification, had been leaked from the platform. CEO Changpeng Zhao tweeted shortly after say...

Binance CEO Says He's Not into Lambos. BNB Soars Despite Selfie FUD

1 week ago 1 minute read Ed-california $2.39 tipped

Binance has had an interesting few days, what with the reports about a hacker leaking selfies that users sent to the exchange for verification. Tens of thousands of selfies were reportedly leaked, all from February 2018, when Binance had hired a thir...

3 Altcoins I Recently Bought #showmyportfolio

7 Jul 2019 1 minute read Chenhuang_defi $2.21 tipped

As a part of the #showyourportfolio competition, today I’m going to show you some tokens that I’ve recently gotten interested in. These are also exchange-focused tokens and that’s because I think these kinds of tokens will make give high returns as e...

Project review: eBoost — Fueling eSports.

23 Jun 2019 2 minute read Nibu P Rajoo $2.14 tipped

As per the latest “2019 Global Esports Market Report” published by Newzoo, esports market will for the first time exceed the billion-dollar revenue mark, a year-on-year growth of 26.7%. As per the report, it is estimated that global esports audience...

Electroneum On Binance?! ??‍♂️?

12 Jun 2019 2 minute read Electroneum United $1.77 tipped

Recent tweets have lead those in the Electroneum community to wonder if ETN will be listed on the popular exchange Binance. How would such a listing effect price? Is it necessary? Reasons For Speculation Today, Electroneum tweeted that CEO, Richard...

Binance Coin (BNB) takes off and is heading for $ 40.

1 week ago 2 minute read daniejjimenez $1.76 tipped

The market has once again entered into recession and the capitulation of profits has passed on this occasion to pump the native token of the world's largest exchange, Binance, with its native currency Binance Coin. At the time of writing the MarketCa...