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.


List of Binance (BNB) Partnerships (2020)

11 Mar 2020 14 minute read 3 comments list3r

Binance has an extensive network of partners - and that’s not counting the several interesting projects that are launched on the Binance launchpad. Looking at this list of partners, you can see that there seems to be a focus on decentralized finance...

Importance Of Not Staking on Exchanges and Holding Your Keys

4 Mar 2020 2 minute read 17 comments TiddyBit

The saying holds more true today than ever before. Justin Sun, Tron, take over of Steem and collaboration with exchanges with the likes of Binance, Huobi and Poloniex and other Chinese exchanges has the old saying "Not your Keys Not Your Crypto" Many...

Binance, Eosfinex, EOS Nation and EOS Cannon are Approving Updates of EOSDT Contracts

22 May 2020 1 minute read 4 comments Equilibrium

Equilibrium strives for full decentralization. The governance framework that drives the updates to Equilibrium is now also decentralized, depending on multiple entities working together. Binance is the newest, biggest name on this list, joining an EO...

Performance of Binance's Last 5 Launchpad Projects

7 May 2020 6 minute read 20 comments Apoaca

  What is Binance Launchpad Platform?   Binance Launchpad platform is the token sales platform of Binance Ecosystem, where Binance users have the opportunity to be an early investor in new projects with the Binance Coin (BNB) they hold in their accou...

Binance and BNB: TOP Things You Should Know - Publish0x Emails

26 Mar 2020 2 minute read 14 comments Igor Tomić

Disclaimer: This post is a reproduction of an email we've sent to the Publish0x email list on March 2nd, 2020. It contains links to some of the best posts our authors have written in and around Binance and $BNB. These posts explain what Binance and B...

Brave Partners with Binance: Trade Directly from your Browser

24 Mar 2020 2 minute read 16 comments CryptoSorted

Manage and trade your cryptocurrencies on Binance directly from the Brave Browser. On Tuesday, March 24, 2020, Brave, announced a partnership with Binance (the largest cryptocurrency exchange in the world by trading volume) that will enable users of...

Binance To Launch New Smart-Contract Oriented Blockchain To Parallel Its Main Chain

27 May 2020 2 minute read 5 comments Cryptos.com

From a dark-web focused unregulated and completely anonymous marketplace, cryptocurrency exchanges have come a long way since the infamous Mt. Gox and evolved into regulated financial services providers such as Binance, following anti-money launderin...

BTC hits $10,000 USD as crypto growth continues

9 Feb 2020 1 minute read 16 comments manilpwn

Today, the price of BTC hit $10,000 USD, with the price currently standing at $10,071, a 39% increase over the price 60 days ago. Over the course of December and early January, BTC struggled to maintain a price of $7000 USD, dipping below several tim...

Binance distributed the first batch of Swipe (SXP) - 11 more to follow!

26 Aug 2020 2 minute read 15 comments PVMihalache

    Binance Ecosystem will distribute $16 million worth of Swipe (SXP) for 12 weeks to users who hold Binance Coin (BNB). The campaign started on 17th of August and a total of 4 million Swipe Tokens will be credited to Binance users who hold a weekly...

THORChain Testnet 4.1 Ready for The Public

29 Jul 2020 2 minute read 3 comments THORChain

Testnet 4.1 is ready and running on 10 community-run nodes, on a new Binance Chain Testnet.   Overview THORChain Testnet 4.1 is ready for Node Operators to practice churning in, and for public swaps and staking. The following are the points: THORNod...