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.


Binance Smart Chain meets Wise

29 Apr 2021 4 minute read 1 comment Diana King

WiseSoft has recently announced that its integration with Binance Smart Chain is about to unravel into a BNB backed liquidity pool, funded via the Wise Liquidity Transformer Event on April 27th, 2021. The event will run for 15 days only or until the...

PancakeSwap Hits 500M In Total Value Locked and 100M Daily Volume

7 Feb 2021 3 minute read 14 comments dalz

  The Uniswap of Binance Smart Chain, PancakeSwap just reached 500M in TVL and more than 100M daily volume. Let’s take a look at the numbers as this platform has been growing at an amazing pace. https://pancakeswap.info/home I have wrote about the Pa...

Top 10 Most Important Cryptocurrencies Other Than Bitcoin

1 Dec 2020 5 minute read 21 comments Chriss

The crypto market is a diverse ecosystem filled with different projects all attempting to solve various problems. While it’s hard to argue against the belief that Bitcoin holds the crown as the originator, there are a ton of new projects worthy of pr...

My Crypto Goal for 2021: Earning $10,000

16 Jan 2021 4 minute read 48 comments PVMihalache

#FinancialGoals2021 and the plan to earn $10,000 At the moment I am still doing my 2020 total income, which takes longer than expected due to so many “side quests” joined throughout the year. I will use my December Residual Income as a reference. My...

Binance Launchpool: Flamingo (FLM) for BNB holders

26 Sep 2020 1 minute read 24 comments PVMihalache

After the success of Bella Protocol and Wing Finances, Binance announced the 3rd project to be launched on the Binance Launchpool platform. Now Binance Coin and Binance USD holders can farm an interoperable, full-stack decentralized finance protocol...

The #1 DeFi Tool You're Probably Not Using

25 Apr 2021 2 minute read 20 comments Absolute Unit

Unless you're extremely new to crypto, you probably remember the days of hearing of a new project and trotting over to CoinMarketCap (CMC) to check out the details. Then came a small time competitor, CoinGecko, to change that narrative. According to...

Bull Market Price Predictions!

27 Oct 2020 5 minute read 21 comments johnwege

If you are anything like me, that means that you love speculating about where the prices of cryptocurrency could possibly go during the next bull run.  I will be honest with you that this is something I think about on a daily basis.  It helps to guid...

New Staking Projects With High Yields!

23 Aug 2020 2 minute read 25 comments Sapphire

Great Annual Returns If you missed my recent post regarding Troy, you might want to read up about this project and what they are all about. My post, "What You Need To Know About Troy & Their Partnership With ChainLink" gives a brief explanation of Tr...

2 Crypto Giants Just Partnered [Brave & Binance]

25 Mar 2020 1 minute read 21 comments Brawnd0

Hi folks, have I got some big news for you today - Brave and Binance have announced a partnership! Probably some of the best news we’ve received in a while for us BAT fans. Even despite the fact that Brave and BAT have had a phenomenal few months. ...

Binance Launchpad: The Tokocrypto (TKO) Token Distribution

3 Apr 2021 3 minute read 28 comments PVMihalache

Tokocrypto (TKO) token sale Binance Launchpad will host the Tokocrypto (TKO) token sale on the 4th of April 2021. Tokocrypto is the number one cryptocurrency asset digital exchange in Indonesia and the first company to be registered under the Trade a...