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.

Crypto Spring and Rejuvenation On Biswap

24 Apr 2023 3 minute read 9 comments PVM

Biswap is my main choice on Binance Chain, due to the unique features and innovative ideas. The DEX is above and beyond the standard crypto decentralized exchange, providing a wide range of crypto opportunities. I constantly use the available DeFi t...

An Altcoin To Believe In? Binance Coin (BNB) Overview

22 Jul 2022 5 minute read 3 comments Swapzone

Binance is an ecosystem of decentralized networks based on blockchain technology. As of the second quarter of 2022, the exchange is the biggest cryptocurrency exchange globally and with a daily trading volume of $7.6B. BNB is the exchange’s cryptocur...

Cryptocurrencies and tokens - They are not the same

29 Dec 2022 4 minute read 4 comments CryptoEntrepreneurs

"In a world as liquid as 'crypto', the borders between 'token' and cryptocurrency are very blurred. The 'token' can be considered as the basic brick behind all digital transactions, from the simplest to the most complex, while cryptocurrency is a 'to...

Can You Believe All This Happened in ONE Month?!

10 Oct 2022 1 minute read 4 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis, including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to to make your first month of CryptoEQ just $10! Or simply...

A Long Time Of Waiting Has Come To An End - Binance Adds Hashflow $HFT To The Launchpool

1 Nov 2022 2 minute read 6 comments Cryptonator`s

One of the main reasons why I am holding BNB is that I can farm new tokens on the Binance Launchpool and Launchpad. Starting today you can farm $HFT from the Binance Launchpool, finally, after a long time of waiting. Let's take a look at how the Bina...

NFT Breaking News #32 - Starting 2023 With Non-Fungible Education

2 Feb 2023 5 minute read 14 comments PVM

Happy New Year IRL! Happy New Year in the Metaverse! Let's start 2023 with Non-Fungible Education and a quick journey trough many chains and projects. There are many factors that drive the value of NFTs, such as utility, tangibility, rarity and even...

Pancake Swap 2022 Review - Flippin' and kickin'

28 Mar 2023 2 minute read 13 comments PVM

I am a Pancake users since early days, and enjoyed the boom that the $CAKE token had. I farmed at $0.20 and sold at $20, I kept some and farmed again, and still farming at the moment. Why? Because PancakeSwap still has some of the best tools on Binan...

Aelf Project Update - Finding utility to the $ELF tokens

2 Nov 2022 2 minute read 9 comments PVM

After 2 years of slaking on Atomic Wallet, my $ELF tokens moved to Binance. This happened only because of the new locked staking that were added last month.  I am a crypto enthusiast since 2015 and I consider up to date with cryptocurrencies news. It...

XRP's Ripple Current Legal Battle Will Determine Its Success and Challenges

3 Jun 2023 4 minute read 9 comments Smoljanović

Introduction Shortly after being introduced to cryptocurrency by a friend in Vancouver several years ago, XRP was one of my first investments on the Uphold platform.  I no longer use or approve of Uphold, but I still have faith in XRP.  Uphold may ha...

Second Half of December in 2022 / NULS Roadmap 2023 Updated

2 Jan 2023 4 minute read 0 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Tested and Optimized the ENULS web browser. Conducted technical preparations for the launch of the ENULS mainnet. Restor...