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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.

Pancake Swap DeFi Experiment - Locking $CAKE for 52 weeks

7 Oct 2022 2 minute read 3 comments PVM

I am a Pancake users since early days, and enjoyed the boom that the $CAKE token had. I farmed at $0.20 and sold at $20, I kept some and farmed again, and still farming at the moment. Why? Because PancakeSwap still has some of the best tools on Binan...

Binance to Suspend British Pound Deposits and Withdrawals

18 Mar 2023 1 minute read 16 comments ZeroRequiem

Hey Peeps!     According to an email reportedly sent out to customers on March 10th, Binance will be suspending all deposits and withdrawals made with the British pound (GBP) currency starting on May 22nd.  As of March 10th, new customers are also n...

The scammers strike back (Not a Star Wars edition)

26 Mar 2022 1 minute read 9 comments Heruvim78

So, I was checking Cub and Polycub on Dappradar website, and suddenly something make me look twice. I know I have something like $20 on my BSC (I know, I am that rich, I do not trust to keep much on it). And the DappRadar is telling me I got $44K on...

Harmony Horizon Bridge Hack

7 Jul 2022 2 minute read 1 comment RugZombie Undertaker

How were hackers able to exploit the bridge and what happens now?How was the Harmony Horizon Bridge Exploited? On June 23rd, the Harmony Horizon Bridge was exploited for nearly $100M. The attacker decrypted private keys of the MultiSigWallet, allowin...

Second Half of November in 2022 / ENULS Mainnet is activating soon

4 Dec 2022 4 minute read 3 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Optimized the ENULS node program and updated the ENULS test net nodes. Conducted pressure tests for ENULS test net. Assi...

Who is Changpen Zhao?

13 Jan 2023 5 minute read 2 comments

Most people know Changpen Zhao as the successful CEO of one of the largest cryptocurrency exchanges in the world, Binance. Although you may know him as CZ in the crypto world, do you know who Changpen Zhao is? From a family who immigrated to Canada...

Do NOT Make the Same Mistake with Binance and BNB Chain. The MANY Red Flags from CZ and Binance Over the Years!

11 Nov 2022 11 minute read 3 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...

Second Half of January in 2023 / ENULS Main-net is Launching Shortly

1 Feb 2023 3 minute read 6 comments NULS

NULS Community Briefing   ◢ Topics: Technical Progress SCO Collaboration & Trading Community Governance   ◢ Technical Progress Assisted NTC to process the latest Nerve network data package and transferred the data to nodes. Assisted NTC to optimiz...

Polycub - Different CUB, Different Chain, Same Pump & Dump

18 Jun 2022 2 minute read 2 comments PVM

When LeoFinance launched $CUB, the idea was innovative and fresh. Lots jumped on board for the ride of their life, but most just dumped the tokens when they got valuable. The projects keep evolving and developing, and the low $CUB price is a lie when...

Different Market, Different Price - What Is Crypto Arbitrage Trading?

17 Oct 2022 4 minute read 1 comment Cryptonator`s

There are different types and strategies of cryptocurrency trading. One of these strategies is crypto arbitrage trading. Let's see what crypto arbitrage trading is and how it works.   What Is Crypto Arbitrage Trading? You can check cryptocurrency pri...