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.


Launchpool Insider: Binance’s Pre-Market Token Sniping Begins!

29 Sep 2024 1 minute read 1 comment alberdioni8406

Binance the largest crypto exchange in the world, have revealed a pre-market trading for new tokens before they hit the regular trading market. This means, customers can now snipe tokens in the launchpool staking even before no one knows that they ar...

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6 Dec 2024 1 minute read 2 comments Myxoplixx

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8 May 2025 2 minute read 1 comment PVM

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The AI Utility Bounce (And How To Trade It, Maybe)

26 Mar 2025 3 minute read 0 comments Sebastian Purcell, PhD

Some time ago, we noted that the only sector gaining among alt-coins was the AI utility sector. We also noted that the action was located on the $BNB chain. That sector is still doing well, and $BNB is still bouncing, but the AI coins bouncing most ....

From Memes To Meaningful

14 Nov 2024 1 minute read 0 comments Myxoplixx

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The Stablecoin Giant's Regulatory Dance

4 Jan 2025 1 minute read 2 comments Myxoplixx

In response to Europe's new Markets in Crypto-Assets (MiCA) regulation, Tether, the company behind the USDT stablecoin, is undertaking a strategic transformation of its European operations. Rather than directly offering USDT in the European market,...

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13 Dec 2024 3 minute read 1 comment Sapphire Crypto

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In The World Of Crypto - 16 APR 2025

16 Apr 2025 2 minute read 1 comment Myxoplixx

Greetings crypto-fam let's dive in. The big headline grabbing everyone’s attention is the hack of UK Minister Lucy Powell’s Twitter account, which got hijacked to push a shady crypto scam. This isn’t just a random oopsie, it’s a screaming reminder th...

Artificial Intelligence or Artificial Hype🤔

16 Nov 2024 1 minute read 3 comments Myxoplixx

When the momentary mayhem of meme coin markets mute, the monumental movement of the A.I. narrative will mobilize. But be aware, not all A.I. is created equal. In recent years, the crypto industry has witnessed a surge in projects "claiming" to integ...

In The World Of Crypto - 22 February 2025

22 Feb 2025 2 minute read 2 comments Myxoplixx

Picture this, a major exchange hack sending shockwaves through the ecosystem, altcoins igniting like wildfire, and Bitcoin holding court as the steady sovereign. My take? The Bybit breach, altcoin surges, and BTC’s consolidation mark a defining mome...