Binance Coin (BNB)

5,276 Articles 78,188 Followers

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.


KAVA (Short summary)

14 Jul 2020 1 minute read 0 comments Jandmade

Kava Labs is a Defi platform that offers guaranteed cryptocurrency loans. It is supported by around 100 corporations among which we can find Binance, Ripple or Cøsmos among others. It has its own token the KAVA and a stablecoin USDX, this stablecoin...

What is happenning lately with the crypto-market?

14 Jul 2020 3 minute read 6 comments Heruvim78

I was looking at the top 10 crypto, and i was thinking out loud: If you look to create a portfolio, first 2 positions BTC & ETH should be enough, as long as you invest regularly. It is better in my opinion to buy smaller amounts every week, than once...

Win Big | Binance Gifts Is For You. See How

14 Jul 2020 1 minute read 2 comments Daniella Blog

  Binance if offering its old and existing users a chance to invite newbies and both sides will earn up to $100 in BNB, PNT, CHR, etc. Don't have a @Binance account yet? Open this #BinanceTurns3 gift and WIN up to $100 in FREE #BNB tokens!   Yeah.Don...

Staking Atomic Wallet Coin - A few cool updates!

13 Jul 2020 1 minute read 0 comments ExponentialOne

I received and staked my first Atomic Wallet Coin, AWC, a little over a week ago after receiving them through the airdrop.  I have a few quick updates on AWC since my previous post: 1. Staking rewards - I'm not going to lie, any time I receive stakin...

New Binance Card To Allow Purchases Directly From Your Binance Account

13 Jul 2020 1 minute read 6 comments Abhimanyu Krishnan

Binance CEO Changpeng Zhao has revealed that the exchange’s Binance Card, a crypto-to-fiat card for both online and offline merchants, is undergoing beta testing. Zhao himself is participating in the testing, as revealed by a tweet posted on July 10....

Don't Have A Binance Account Yet? Join Now And Earn Big

13 Jul 2020 1 minute read 0 comments Daniella Blog

 Binance is at it again with their great promo.Yeah.Old or existing users can participate by updating and inviting new users via their gift link.This can be done with either the QR code or link.My link   By using my link, you will open this #BinanceT...

The biggest important moves will happen this week on these crypto / BNB & XLM against BTC

12 Jul 2020 2 minute read 0 comments Crypto adict (Manu VZ)

BNB / BTC From July 4 until today the value of Binance Coin has increased 17% against Bitcoin. Occupying position # 9 in the Coinmarketcap ranking, with a market capitalization of 306,574 BTC and a Volume in the last 24 hours of 24,930 BTC. Today has...

Last Chance To Win a Ultra Rare Limited Edition Binance NFT

12 Jul 2020 1 minute read 1 comment Ede

Recently, Binance gave out Guaranteed Limited Edition NFTs to celebrate their third anniversary (if you don't know, NFT are a special kind of crypto token, kind of collectibles, that can have a huge value). That offer ended 4 days ago. Maybe you miss...

BNB is about to fly!

11 Jul 2020 1 minute read 2 comments MadMaxx

Before we get started, I'd like to officially welcome you to the mini alt season. As you can see around you, every single coin is pumping. If you'd like to get insight on which ones would pump the most, and would be worth your while, please consider...

Quick news (NASDAQ,FATF,Binance,ETH2.0,WikiLeaks)

11 Jul 2020 1 minute read 0 comments lioha369

While Bitcoin is in the side trend, the stock market is growing. The S&P500 index added 30 points while NASDAQ Composite keeps setting new highs and closed this week at $10617. Another all-time high record set by the company Tesla, closing this we...