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.

Coordinated twitter accounts hacks preliminary results.

16 Jul 2020 1 minute read 0 comments alberdioni8406

On July 15, 2020 hackers realized a coordinated attact to verified and non verified accounts on the social network that affected profiles from Changpeng Zhao "CZ", Elon Musk, Barack Obama, Bill Gates, Kanye West among many other public figures and ce...

Binance and Coinbase Twitter Accounts Among Those Hacked

16 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

Binance and Coinbase exchange’s twitter account was among the many accounts that had been hacked yesterday on July 15. Several accounts were hacked including those of high profile figures like Barack Obama, Joe Biden, Bill Gates, Warren Buffett, Elon...

Warning: twitter accounts hacked and public figures compromised with scams giveaways!

16 Jul 2020 2 minute read 0 comments alberdioni8406

This is the most combined hackers attack targeting verified and non verified accounts of public figures, personalities, crypto exchanges and so far there is a rumour that the criminals just with the attack managed to secure more than 12 BTC (still to...

Tutorial: Buy Atomic Wallet Token ($AWC) In Atomic Wallet

16 Jul 2020 1 minute read 26 comments xqanxxx

A lot of Atomic Wallet Token (AWC) holders and people who just discovered AWC turn to ask this question "Where can I buy AWC". Even after receiving a great number of resources on how to get AWC tokens, we still see some of these questions in Atomic W...

The Bitcoin Twitter Hack

15 Jul 2020 1 minute read 1 comment BitGamble

The Bitcoin Twitter Hack A huge security breach occurred on Twitter today, where multiple popular accounts have been breached and used to promote a classic Bitcoin Giveaway scam, by using the domain "cryptoforhealth.c om"(Please do not attempt to ent...

The Official Twitter Handle of Binance and CZ's account and other Exchanges just got hacked!

15 Jul 2020 1 minute read 5 comments Tejas19

It has been 10 mins since they posted the crypto for health giveaway tweet and they've pinned it to their profile When you open the link you here's what you see The usual scam everyone falls for i.e Deposit a certain amount of BTC and get back doubl...

Binance Crypto Debit Card Ready To Debut In Europe. Great News For Crypto Adoption

15 Jul 2020 1 minute read 1 comment Zemiatin

In what seems like a great news regarding a wider crypto adoption, Binance just recently announced the official rollout of Binance Card. Starting with August this year, Binance users from EEA ( European Economic Area ) will be able to apply for a Bi...

Use this to earn (XRP) Ripple & ADA Cardano free every hour !!

15 Jul 2020 1 minute read 4 comments delmosa

  To earn free cryptocurrencies you can use the crypto "faucets", this is a reward system that gives away small amounts of cryptocurrency. The faucets arose to try to make Bitcoin known to a wider audience. Therefore, they are a perfect tool if you w...

🗞 Daily Crypto News, July, 15th 💰

15 Jul 2020 4 minute read 1 comment Crypto_Lemon

Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen? ; Ethereum's Buterin Calls DeFi-powered Yield Farming ‘Unsustainable’; DeFi’s Fairness Questioned as ‘Super Users’ Dominate; Japan’s Biggest Bank to Launch Digital Token Before E...

Crypto spending more accessible to the mass: Binance crypto card to go out soon in E.U and U.K!

15 Jul 2020 1 minute read 0 comments alberdioni8406

The most largest crypto company of the world in volume transactions Binance, will launch their Binance Crypto card first in the European Union (E.U) and United Kingdom (U.K). The Exchange Crypto company is committed to bring Cryptocurrency...