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.


5 News You Might Have Missed This Week (2 - 5 March)

5 Mar 2020 5 minute read 10 comments Brawnd0

So we have begun March somewhat optimistically. While the prices may not be as high as people like, it does feel like we may have a big bull run around the corner. Support levels seem to be holding and a lot of (mostly) good news seems to be pouring...

Building Passive Crypto Income Streams Is A Must!

2 Jul 2020 2 minute read 16 comments Sapphire

Passive Crypto Is Absolutely Essential Post 2020 I think passive income is the absolute dream to work towards and I think most people would agree with me. However, most people have no idea how to get started along the road to financial freedom. This...

HUGE DeFi News - BSC Yield Farming Goes Live On Harvest Finance

7 Apr 2021 4 minute read 18 comments The Part Time Economist

Harvest Finance is a decentralized, cryptocurrency "robo adviser" that automatically moves your cryptocurrency to different DeFi protocols so that you can be sure to get the highest interest rate as well as saving on gas from manually moving your fun...

The Top I-Gaming Platform Adopts Binance Smart Chain

17 Feb 2021 1 minute read 12 comments Sapphire

Leading The Way With the recent inclusion of ETH on BetFury, one would think it would be somewhat difficult for the I-Gaming leader to return with an even more impressive move! However, within a matter of weeks, the BetFury team has announced yet ano...

What is Binance Coin (BNB)? — ‘Exchanging the World’ — Beginner’s Guide

17 Jun 2020 6 minute read 5 comments cryptomagis

The idea of cryptocurrency exchange does not remain as a less explored one in the present world. Because of the high-flying profits and the ease of working, the prospects attract a lot of user interest. Meanwhile, the cryptocurrency exchanges use the...

Skip High ETH & BTC Fees By Using This Technique

18 Aug 2020 1 minute read 21 comments Sapphire

Perfect For Traders & Hodlers If you are buying BTC and ETH to hold over the next few months or even years and are deterred from withdrawing your coins from an exchange due to the recent increase in fees, then you should consider making use of BEP2 t...

Beginners Guide to Binance Smart Chain!

7 Mar 2021 4 minute read 9 comments SamBTC

If you are feeling overwhelmed with the number of new Binance Smart Chain (BSC) based projects popping up everyday then trust me you are not alone. Few weeks back even I had my doubt if this was just a passing fad and was best to ignore it. Thanks to...

Juventus (JUV) and Paris Saint-Germain (PSG) Fan Tokens on Binance Launchpool

15 Dec 2020 3 minute read 63 comments PVMihalache

JUV and PSG on Binance Launchpool Binance announced a double farming on Launchpool, as the 9th and 10th projects are Juventus (JUV) and Paris Saint-Germain (PSG) Football Club Fan Tokens. From today (15th of December), users can stake Binance Coin (B...

DeFi 2.0: The Second Wave (Binance Smart Chain)

16 Jan 2021 6 minute read 13 comments Mynima

Introduction I was listening to a podcast interview by Unchained of the well known on-chain Bitcoin analyst Willy Woo. While the bulk of the interview revolved around BTC toward the end they did touch on Ethereum and the DeFi sector and it's importan...

Top Things You Should Know About Binance

29 Jan 2020 45 minute read 43 comments MuyAsk

Hey guys :) It’s been a while since the last time I posted about MakerDAO, DAI & SAI, however, the following piece - on Binance and BNB took much longer than I expected to put together so I hope you enjoy it! The list of Q&A is pretty long so first c...