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.

What is Binance Coin? How it works?

18 Mar 2020 1 minute read 0 comments PrisonedBus9641

The Binance Coin (BNB) is the cryptocurrency of the Binance exchange platform, the largest cryptocurrency exchange in the world. In fact, the BNB Coin is a cryptocurrency that can be used as a means of exchange from one cryptocurrency to another.  Ch...

Binance US is trading Tezos XTZ now and other Binance updates!

17 Mar 2020 1 minute read 0 comments TrocProcLock

Starting on March 16th, 2020 at 9am EST you can trade XTZ on Binance US with the following pairs XTZ/USD XTZ/BUSD. In order to trade and deposit USD for XTZ your account will need to the pass their fiat verification. Binance is also launching a new...

The Federal Reserve's Interest cut should be a huge push towards DeFi crypto

17 Mar 2020 1 minute read 2 comments manilpwn

Today, America's central bank took a huge step to combat the Covid-19 and oil inspired economic downturn by cutting the interest rate target a full 1.25% down to 0%.   That's right, banks are encouraged to target an interest rate of 0% on savings and...

Binance and WazirXIndia announce $50M "Blockchain for India" fund!!

17 Mar 2020 1 minute read 0 comments Tejas19

When crypto was banned in India, WazirX was one of the P2P platforms that still allowed Indians to buy crypto inspite of the ban. WazirX had been acquired by binance in Nov 2019. Recently the ban had been overturned by the supreme court and trading i...

Hodl hodl and Hodl.

17 Mar 2020 1 minute read 1 comment alberdioni8406

The time is propitious to be a crypto hodler and become a possible millionaire in the coming years, one opportunity like this we may not have another, the market down like this we can't have it anymore. People are seeing the BTC price reach even $460...

Zimbabwe could soon legalize crypto: a shot in the background of the Tunnel for their economy!

16 Mar 2020 1 minute read 0 comments alberdioni8406

There are countries where crypto could be very helpful and also got a massive adoption, and Zimbabwe could be an example. With an extreme inflation on their economy where almost a bread could cost a expressive 50 million of Zimbabwean dollar and of c...

Worried about BTC devaluation...why not worried about it global adoption that will catapult the Price!!

16 Mar 2020 1 minute read 0 comments alberdioni8406

The last days was a bit nightmare to all crypto space and last Thursday the BTC price dropped almost to 50% down due most to the well known global disease COVID-19 that is assuming and taking control of the all word. But what we want in the crypto sp...

The importance of BTC in crisis time: Global donations to help fight against COVID-19.

16 Mar 2020 1 minute read 2 comments alberdioni8406

Crisis is the major notes in the news this days and COVID-19 the most pronounced word in the global scale. The panic for the pandemic disease is On and the wealth world organization are fighting against it using all the means necessary to prevent the...

The 5 indispensable tools to manage your cryptocurrencies

16 Mar 2020 5 minute read 12 comments Roberto D.

Cryptocurrencies never sleep, so analysis tools help monitor everything. Everything happens too quickly and keeping track of everything is a real challenge. Volatility is also a factor that keeps you glued to the screen far beyond the physiological l...

One Stop Cryptocurrency News Cast For Today ?

15 Mar 2020 3 minute read 0 comments One Stop

📮 15-03-2020 📈MarketCap:                  $153  B 📊24h Mcap %:                  -2.18% ⚠️Bitcoin Dom:                 63.50% 📌Active Coins:                2,881 📍24h Vol %:                    -6.69% 💲24h Vol:                    $106 B   Trade On Thes...