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.


Our beloved CoinMarketCap is censored now!

15 May 2020 2 minute read 36 comments paragism

Binance recently did the acquisition of CoinMarketCap on 2nd April, 2020. The rumoured deal was $400 million. Binance is in a fast acquisition spree nowadays. In last a few years, they’ve done quite a few acquisitions. Indian exchange WazirX, JEX, Da...

An honest review of the Binance Visa Card

10 Oct 2020 4 minute read 76 comments ProngsDark

The time has come once again for me to bash... ummm I mean to review a project. This time around I am going to take a look at the new Binance Visa card which I've been using for the past few weeks. Unfortunately, the card is only virtual and there's...

3 coins I'm not selling for the next 2 years

2 Jan 2021 4 minute read 43 comments CryptoSorted

The next and biggest bull run has started. And I am of the opinion that a lot more crypto millionaires will emerge after this. Will you be one of them? If you're lucky (or should I say smart enough) to catch one or more of the "fastest horses", you m...

#BinanceFARMer Contest and Giveaway Winners Announced: $1,300 in iFARM Rewarded!

9 May 2021 4 minute read 42 comments Igor Tomić

The #BinanceFARMer contest is over. Thank you all who took part in this event! It's time to announce the winners; I'll keep it short and sweet this time.     3x Winning Posts - $100 in iFARM Reward Each ($300 Total Rewards). Our judge has selected...

Is Coinbase & Binance Warming up for $AMPL Listing?

8 Dec 2020 3 minute read 14 comments Chenhuang_defi

Ampleforth (AMPL) – a unique cryptocurrency with an algorithmically adjusted elastic supply –  is one of the most interesting innovations to watch in DeFi right now.  If you haven’t already been following the project, now is the time to pay attention...

My Crypto 2020: A financial analysis of constantly unexpected incomes

31 Jan 2021 4 minute read 43 comments PVMihalache

I am in the game since 2015 but never been so involved as today. I bought and sold Bitcoin for peanuts, in 2015. I had over $8000 profit with Ethereum, in 2016-2017, which I cashed out. I bought Litecoin when it was listed on Coinbase, sold half afte...

DeFi On Binance Smart Chain Takes Off As Gas Fees Surge!

16 Feb 2021 2 minute read 6 comments Sapphire

TRX Increase Gas/Energy Fees Even the chain that was once one of the most cost effective chains to transact on has once again increased transaction costs to interact on smart contracts. A few months ago, the average fee to execute an instruction on a...

Sam B. F. - One of the Most Powerful Guys in Crypto You Might Not Know About

6 Nov 2020 5 minute read 13 comments Brawnd0

Today, I would like to introduce to you one of the most important characters that have come to prominence in the cryptocurrency space during 2020 - Sam Bankman-Fried. If you have never heard of this guy then I suggest you hear me out because he is on...

Binance Launchpool added Litentry (LIT)

30 Jan 2021 2 minute read 36 comments PVMihalache

Binance announce the 16th project to be added on the Launchpool. The new project is called Litentry (LIT) and is a decentralized identity aggregation protocol across multiple networks, featuring a Decentralized Identity (DID) indexing mechanism and a...

Brave Browser Users To Receive Rewards in BNB & BUSD In Addition To BAT

5 May 2020 1 minute read 42 comments xqanxxx

It was just a few days ago that Binance announced their partnership with Brave browser to integrate its Widget into Brave's Nightly and Beta versions. Read here: Binance Widget Finally Featured In Brave Desktop Browser Earlier today, Binance CEO Cha...