Binance News, BNB Price Predictions, Opinions and Analyses Created by Users

Binance Coin (BNB)

3,307 Articles 28,691 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.


Lowering $50 Gas Fees To Just Under $2 on Harvest Finance With #BSC [Comparison]

26 Apr 2021 2 minute read 6 comments paulOf91

We love Ethereum, but its current high gas fees are preventing smaller players from using the fertile lands of #DeFi. Thanks to the Binance Smart Chain there is finally a way for smaller players to take advantage of yield farming and other fun Defi s...

I was right about BAT.

24 Apr 2021 1 minute read 24 comments MadMaxx

If you're a long time follower here, you must remember BAT season. I published an article almost every day telling people about BAT, basically telling them to buy the damn thing as a basically easy 5x investment.  I knew that BAT would not be the bes...

How to Earn Crypto on Your Crypto

16 Jun 2020 9 minute read 54 comments cryptoforcanadians

A personal goal of mine is to help thousands of people learn about crypto whether it's with buying, securing, tracking, trading, or sending it. So when creating content about crypto, I always try to put myself in the minds of others who are just star...

Earn 45% on Binance!?!?

12 Oct 2020 1 minute read 37 comments cryptoforcanadians

Time is of the essence here so I'll keep this post brief and to the point. Even though I’ve already written a post about Binance’s Liquid Swap program, which you can check out here, I thought I’d write another post about it as they’re offering even b...

ETH Vs BNB: Who Are You Betting On?

11 Apr 2021 4 minute read 24 comments SamBTC

With the broader crypto bull market gaining momentum everyone is wondering about which are the best picks to select to get the maximum gains. This article is not aimed at recommending any altcoin picks but to share my views about how I see the fierce...

Ethereum 2.0: official launch date and current situation!

8 Nov 2020 3 minute read 30 comments Roberto D.

With the impending launch of Ethereum 2.0, wallets are starting to accumulate cryptocurrency at levels never seen before, positively affecting the price. According to Glassnode, a crypto analysis company, Ethereum (ETH) has broken several records fol...

This Week's Trending Cryptos - And What They Do

9 Apr 2021 4 minute read 5 comments The Part Time Economist

As someone who spends most of their day learning about crypto, I was surprised to see CoinGecko's recent list of 30 trending cryptos and realize that there could be so many trending coins that I simply wasn't aware of. So, I did a bit of research to...

A Recipe for Success: BSC + Harvest.Finance

18 Apr 2021 4 minute read 28 comments Mynima

Introduction As an avid yield-farming enthusiast I cannot tell you how happy I was to see the news a little while back that Harvest.Finance were making the move to the Binance Smart Chain (BSC). I'd been pretty disheartened earlier this year that my...

Crypto Cooking: The BNB rocket, the Elrond Spaceship, NFTs and slow cooked chicken & rice

11 Feb 2021 4 minute read 48 comments PVMihalache

The week started with a huge milestone but I was too busy to plan a celebration. However, I have some ideas which may be applied soon! My 2000 follower was bmjc98 and she won her place in history! Thank you for following! I promise I will check you o...

Binance - Locked Staking / Flexible Staking / DeFi Staking

27 Aug 2020 2 minute read 21 comments Sapphire

Chances Are You Are Staking  If you have ever used Binance and have held coins on the exchange for the short to medium-term, chances are, you have been staking coins in what they refer to as flexible staking. Most people are aware of the staking oppo...