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 Cold Wallets Can Help To Measure The Real Volume Of Exchanges!!!

8 hours ago 2 minute read andreaskanel $1.66 tipped

Crypto exchanges have recently encountered categories for constructed volume data. Because it is relatively easy to do so, market researchers are looking for other ways to measure the capacity of each exchange, and it is possible that the cold wallet...

Premium Technical Analysis Cryptocurrency Market Giants War Two

2 weeks ago 3 minute read Rubika Ventures $1.61 tipped

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on https://t.me/rubikaventures. Join us Now! Crypto Netflix Serie Star Hi Rubikators! As you know, we are doing a Crypto Netflix Series for the top 10 of the main cryptocurrenc...

Travala.com Oct 2019 - Book Your Favourite Holiday W/ BNB, EOS, BTC, NEO & More! W/Matt Luczynski

17 Oct 2019 2 minute read Cryptokoala $1.55 tipped

Travala.com - Hello Crypto and Blockchain community. Today I talk with Matt Luczynski the CEO at Travala. GIVEAWAY! - Click the link if you would like to get involved 🏆 https://gleam.io/competitions/nJFPZ-travalacom-2-level-5-smart-programs-giveaway-...

The Ultimate Crypto Exchange Review: Binance v KuCoin v Cryptopia v Coinbase v DeltaExchange

8 Jan 2019 1 minute read Crypto Quantamental $1.53 tipped

What makes a good crypto exchange? I rated Binance, KuCoin, Cryptopia, Coinbase, and DeltaExchange across 6 key categories.  Binance https://www.binance.com/en?ref=20007972  Delta.Exchange  https://www.delta.exchange/referral-home-page/?code=FHEHUQ ...

Crypto Market Analysis: Top Crypto/USD Pairs of the Week

24 Oct 2019 3 minute read Richard M Adrian $1.42 tipped

Fundamentals in the cryptocurrency market have been improving. Over the past few months, the market has experienced both critical upsides and downsides. Hyped opposition towards projects like Libra, Bitcoin ETF funds and Futures platform like Bakkt;...

The Binance News That You Have To Read Before The Lunch

4 Sep 2019 2 minute read Rubika Ventures $1.33 tipped

We are writing to you from Brazil at this exact moment. Therefore, let us tell you that at this time many families are preparing lunch and before eating, we want to tell you some important news about Binance. A very funny case After Binance announce...

Looking for New Crypto To invest? Here Are My 2 Suggestions For You

23 Jul 2019 1 minute read Ed-california $1.31 tipped

When potential investors look for a cryptocurrency to invest in, most of them will be drawn toward the top 3 or top 5 projects in the market cap rankings. This is because of the sheer volume of promotional benefits that these top projects receive fro...

Binance Cryptocurrency Exchange Refuses to Pay Blackmailers Over a Possible Data Breach

8 Aug 2019 1 minute read Matthew Rosenquist $1.24 tipped

A blackmailer attempted to extort $3.5 million from the Binance cryptocurrency exchange, stating they would release confidential KYC (Know Your Customer) data.  Binance has refused to pay the demands and is working with law enforcement to track down...

How Binance Gets Away with Whatever, Whenever

12 Dec 2019 1 minute read Ivy Samboh $1.05 tipped

The only truly tangible aspect of the largest crypto exchange platform, Binance, is its CEO- Changpeng Zhao. Other than CZ and his large Twitter personality, the rest of the billion-dollar company is more or less a giant ghost.  Since its founding in...

Summary for this week’s main Binance news

29 Aug 2019 1 minute read Rubika Ventures $1.02 tipped

While you are surprised for the massive adoption of blockchain technology by world universities; the partnership that OneLedger made with google cloud; and how to Wikipedia has joined the list of verified brave browsers/BAT publishers; we want you to...