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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.

How To Buy Stablecoins With Credit Card On Binance Step by Step

13 Jun 2022 6 minute read 4 comments Cryptonator`s

With stablecoins, the cryptocurrency space really has become a lucrative and serious alternative to the traditional financial banking system. While you don't get any significant interest from your local bank, you can earn lucrative rewards from your...

Harvest Finance Celebrating 2 Years of Humble DeFi

4 Sep 2022 2 minute read 9 comments PVM

Harvest Finance celebrated the 2nd anniversary, two years of DeFi dominance and growth! Harvest 3 is the new epoch of humble development, with Arbitrum farms being added this summer. I was with Harvest since day one and I am ready to celebrate many y...

Power-Farming on Biswap - The Multi-Reward Pool

26 Sep 2022 9 minute read 8 comments PVM

I fell in love with Biswap I am using many protocols, DEXs and platforms but non of them is as rewarding as Biswap. I fell in love with this one because Biswap is not the standard crypto decentralized exchange! Biswap has direct peer-to-peer crypto t...

WEB3 Engine Rangers Protocol Is To Hit Above $95.83

1 Sep 2022 4 minute read 1 comment PVM

The life in the Cryptoverse runs at 10x speed and the evolution is perpetual. Many blockchain solutions are implemented at an accelerate pace and the focus is on WEB3. Rangers Protocol is one of the innovative projects in the ecosystem, the backbone...

Binance (BNB) Was Part of the Twitter Sale?! What Does that Mean for BNB Governance?

31 Oct 2022 1 minute read 6 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis, including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to to make your first month of CryptoEQ just $10! Or simply...

The Age of Consequences

13 May 2022 3 minute read 14 comments Thomas Wolf

Based on all accounts of global information, it would appear the age of consequences has arrived, and the purge has begun. “History reminds us that dictators and despots arise during times of severe economic crisis.” ― Robert Kiyosaki The cryptocurre...

Binance Launchpool - Project Galaxy ($GAL) intergalactic farming!

4 May 2022 2 minute read 16 comments PVM

I was waiting for a new earing opportunity on Binance, as not much happened in 2022. We had the League of Kingdoms ($LOKA) and the STEPN ($GMT) Launchpads and nothing since March. Both were good but I was missing the Launchpool's power farming.  Move...

🏆 Top dApps by Active Users in May

25 May 2022 1 minute read 1 comment

  Unlike vol rankings (Ethereum & BNB chain dapps dominate), top dApps ranked by active users are from different blockchains.   TRON Network Zethyr Exchange leading with 5.9M monthly active users Tron dapps ranking   BinanceSmartChain - PancakeSwap...

2023 - Crypto, Change & Contribution

16 Jan 2023 4 minute read 5 comments Thomas Wolf

As we get over the doom & gloom of 2022, many have set new-years resolutions and fiscal goals for 2023.  After much thought, I’ve decided to donate 15% of all of my cryptocurrency writing income with proof of receipt from here on out. “It does not ma...

Protocols Involved In FTX Crash and Recovery Plan: CZ? Justin Sun?

10 Nov 2022 3 minute read 4 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

I have already talked about the insolvency of FTX, let's retrace the phases (it's better than a film!) and see possible impacts and future developments. I point out that FTX US works smoothly and hasn't had any problems with withdrawals and trading....